Summer of 2019

[willowtooth]

Before I start let me say that the global markets are incredibly volatile and unpredictable nobody knows exactly when or how the markets go up or down. It is impossible to predict and if you could predict them accurately you would be the richest person in the world. That said I believe there is a major global market crash coming soon. This will likely occur around June 2019, atleast that is when it might become noticeable. the stock market can lose 10% of its value in a day and most people wont even hear about it. It's when it loses 10% and doesn't bounce back, then loses another 10% and another etc then the public starts hear about it. There is something happening in South east Asia. The davos report counting the poverty rates in the region more accurately is evidence of this. While you may have heard the attention grabbing headlines about "the worlds' 8 richest having more wealth than half the global population". That fact alone isn't what interests me. What it claims to show is the rise of global wealth inequality (which it does to some degree), but mostly what it reflects is the inaccuracy of literally all economic data in a section of the world with half of earths population, from India to China to Indonesia and everyone in between. Real crashes come from ignorance, corruption, and misinformation. Not just made by people today, but by things that have been said and have happened 20 or 30 years ago.

Remember money isn't real it only seems like it is

http://www.educatedanalyst.com/2019-the-next-great-depresion/
http://www.msn.com/en-gb/money/savingandinvesting/%E2%80%9Cthe-next-stock-market-crash-will-happen-in-2019%E2%80%9D/ar-AAjGXet
http://www.theepochtimes.com/n3/2000510-economists-explain-why-our-economy-crashes-every-18-years/
http://economyandmarkets.com/exclusives/greatest-stock-market-collapse-great-depression/
https://www.theguardian.com/commentisfree/2016/jan/29/heading-for-a-crash-global-economic-meltdown-panel-repeat-2008-china-slowdown
http://www.eastasiaforum.org/2012/04/06/nagaland-s-demographic-somersault-how-reliable-are-india-s-official-statistics/
http://www.uscc.gov/sites/default/files/Research/TheReliabilityofChina'sEconomicData.pdf
http://www.bbc.com/news/magazine-15494349
http://www.bbc.com/news/business-38749884
https://www.oxfam.org/en/pressroom/pressreleases/2017-01-16/just-8-men-own-same-wealth-half-world
http://www.gold-eagle.com/article/us-economic-collapse-2019
http://www.businessinsider.com/beyond-the-false-dawn-global-crisis-2020-2022-2011-2
https://www.pimco.com/insights/economic-and-market-commentary/macro-perspectives/the-recession-of-2020

[Gavrilo93]

Your delusions are due to certain substances that you consume nowadays. Or perhaps you suffer from paranoid schizophrenia, which would also explain your lack of empathy and solidary with fellow human beings.

[GiantMonkeyMan]

Before I start let me say that the global markets are incredibly volatile and unpredictable nobody knows exactly when or how the markets go up or down. It is impossible to predict and if you could predict them accurately you would be the richest person in the world. That said I believe there is a major global market crash coming soon. This will likely occur around June 2019, atleast that is when it might become noticeable. the stock market can lose 10% of its value in a day and most people wont even hear about it. It's when it loses 10% and doesn't bounce back, then loses another 10% and another etc then the public starts hear about it. There is something happening in South east Asia. The davos report counting the poverty rates in the region more accurately is evidence of this. While you may have heard the attention grabbing headlines about "the worlds' 8 richest having more wealth than half the global population". That fact alone isn't what interests me. What it claims to show is the rise of global wealth inequality (which it does to some degree), but mostly what it reflects is the inaccuracy of literally all economic data in a section of the world with half of earths population, from India to China to Indonesia and everyone in between. Real crashes come from ignorance, corruption, and misinformation. Not just made by people today, but by things that have been said and have happened 20 or 30 years ago.

Remember money isn't real it only seems like it is

http://www.educatedanalyst.com/2019-the-next-great-depresion/
http://www.msn.com/en-gb/money/savingandinvesting/%E2%80%9Cthe-next-stock-market-crash-will-happen-in-2019%E2%80%9D/ar-AAjGXet
http://www.theepochtimes.com/n3/2000510-economists-explain-why-our-economy-crashes-every-18-years/
http://economyandmarkets.com/exclusives/greatest-stock-market-collapse-great-depression/
https://www.theguardian.com/commentisfree/2016/jan/29/heading-for-a-crash-global-economic-meltdown-panel-repeat-2008-china-slowdown
http://www.eastasiaforum.org/2012/04/06/nagaland-s-demographic-somersault-how-reliable-are-india-s-official-statistics/
http://www.uscc.gov/sites/default/files/Research/TheReliabilityofChina'sEconomicData.pdf
http://www.bbc.com/news/magazine-15494349
http://www.bbc.com/news/business-38749884
https://www.oxfam.org/en/pressroom/pressreleases/2017-01-16/just-8-men-own-same-wealth-half-world
http://www.gold-eagle.com/article/us-economic-collapse-2019
http://www.businessinsider.com/beyond-the-false-dawn-global-crisis-2020-2022-2011-2
https://www.pimco.com/insights/economic-and-market-commentary/macro-perspectives/the-recession-of-2020
I think that the recession of the 2007-2008 has made many economists and such very much aware of the possibility of another crash of some kind and despite this awareness the contradictions of capitalism will certainly inevitably lead to another such failure - experiencing the great depression of 1929 didn't give capitalism the tools to prevent such repeated failures in the future after all. However, I think it's not so easy to predict these things accurately, either in terms of their intensity and severity or in terms of the next crisis' timing, only that they are certain to occur.


Your delusions are due to certain substances that you consume nowadays. Or perhaps you suffer from paranoid schizophrenia, which would also explain your lack of empathy and solidary with fellow human beings.
What the hell are you talking about? The utter irrelevance of this entire post to the thread in question is ridiculous.

[ckaihatsu]

I was noticing how the markets were stagnating before Trump's election, but then investors got some irrational-exuberance tailwind once Trump became president.

The fundamentals just aren't there, though, so the markets seem to really be riding on psychological enthusiasm, class warfare, and not much more.


Next capitalist economic crisis incoming?

http://www.revleft.com/vb/threads/196077-Next-capitalist-economic-crisis-incoming

[ckaihatsu]

---





US growth rate lowest in five years

By Nick Beams
30 January 2017

The US economy expanded at its slowest rate for five years in 2016 according to preliminary data issued on Friday. Gross domestic product (GDP) rose by only 1.6 percent in 2016, down from 2.6 percent in 2015, the Bureau of Economic Analysis reported.

The figures may be revised later this month, but they mark a significant decline from the annual rate of growth of 3.5 percent recorded in the third quarter. The economy expanded at an annual rate of only 1.9 percent in the last three months of the year, below economists’ forecasts of 2.2 percent.

The Wall Street Journal noted that the US economy ended the year “on a familiar trajectory of roughly 2 percent economic growth, the lacklustre trend that has prevailed through most of the current expansion.” Since the official end of the recession in mid-2009, the US economy has grown by an average of 2.1 percent per year, the lowest for any recovery in the post-war period.




But as the Wall Street Journal commented, while businesses are hopeful about the possibility of stronger economic growth, they are not counting on a boom. One business chief it cited said it was no secret the overall mood was better, but whether “this translates into anything meaningful in terms of demand … remains to be seen.”




The slowdown in the growth of world trade is an underlying factor in Trump’s trade war agenda. As Marx pointed out, when there is general economic expansion, the capitalist class functions as a “practical freemasonry,” in which competition functions as a mechanism for sharing out the “common booty.”

But in a situation of contraction, where some sections of capital face the prospect of losses, “competition becomes a struggle of enemy brothers” and the opposition between the individual capitalist and that of the capital class as a whole comes to the fore. Marx was referring to individual capitalist firms, but under conditions of lower global growth—above all in the major economies—and a slowdown in the expansion of the world market, Marx’s observation goes to the driving forces of economic nationalism and trade war.




http://www.wsws.org/en/articles/2017/01/30/econ-j30.html

[willowtooth]

I think that the recession of the 2007-2008 has made many economists and such very much aware of the possibility of another crash of some kind and despite this awareness the contradictions of capitalism will certainly inevitably lead to another such failure - experiencing the great depression of 1929 didn't give capitalism the tools to prevent such repeated failures in the future after all. However, I think it's not so easy to predict these things accurately, either in terms of their intensity and severity or in terms of the next crisis' timing, only that they are certain to occur.I sort of disagree with you here, because it's important to make the distinction between predicting the markets in a way that you can make yourself rich. And eliminating the mysticism of the cult of the invisible hand. The markets are fairly predictable its just that all the investment banks with their leagues of well paid analysts have already triple and quadruple hedged their bets. This doesn't mean that the evacuation of the industrial empire built in America would collapse when the berlin wall fell. It doesn't take anything but an acute understanding of global economics to understand that would happen. There were dozens if not hundreds of experts warning of that collapse, as well as the 2008 collapse. I think we will see a strong move away from the dollar very soon from many countries especially in Asia. Without anything short of a miracle there will be major collapse in the summer of 2019 especially in the major so called "1st world" nations, and it will be blamed on these nuevo right wing political movements



What the hell are you talking about? The utter irrelevance of this entire post to the thread in question is ridiculous.
Dont worry about it he's just upset I beat him up in another thread :laugh:

[Gavrilo93]

Dont worry about it he's just upset I beat him up in another thread :laugh:

Did you?

[willowtooth]

Did you?
keep it in your pants

[Gavrilo93]

keep it in your pants

Are you making a sexual comment? What will the KGB say? Sexuality is a western imperialist product. Do you want me to report you?

[willowtooth]

Are you making a sexual comment? What will the KGB say? Sexuality is a western imperialist product. Do you want me to report you?
lol what????

[Gavrilo93]

lol what????

Never mind, comrade. It was fun. I was angry at you first, but I enjoy our little fights now.