Guys, sorry to say it, no matter what happens here on in... I personally am 80% certain we are witnessing history repeat itself... this is near on EXACTLY like 1929 just on a larger scale.
All indicators past and present are near on exactly the same.
Australia is lagging the US by about 6 months (US recession started Decemebr last year). This contraction period will last roughly 3 years.
Antidoctal evidence is here:
US Business Cycles and Contractions US.pdf
I believe the fall previously predicted of Dow at 7314 will be eclipsed and 6,000 range is more likely.
- Forums
- ASX - General
- this is 1929 repeating
this is 1929 repeating
-
- There are more pages in this discussion • 310 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online