I dont think you can correctly deny a GFC2 based on...

  1. cya
    3,836 Posts.
    I dont think you can correctly deny a GFC2 based on sentiment....its fine for the first wave but the second wave people will panic faster and sell their positions faster because of the lack of confidence

    GFC2 at some stage is unavoidable. The world economy is so flawed and broken there is no way for the central banks to prop it up forever, especially when everything they do makes it worse for them in the long term. Humpty Dumpty will be DOA

    QE has always existed and eventually always fails due to waning political will. You cannot avoid a crash by going into deeper and deeper debt forever. It simply doesn't work in the long term and eventually the political cycle brings austerity.

    Food is rising faster now than at anytime in the last 40 years. Food price rises and poor harvest are behind every revolution in history. The impending collapse of China will be spectacular and surprising. At the moment all eyes are on the USA, Japan and Europe. Not many are predicting the collapse of China, timings hard to predict but there will come a time when we will look back on the mass delusions of China's economic miracle and ask ourselves what we had been thinking and why.

    People rally against the central planning of Bernanke yet seem to think that the central planning of the Chinese will somehow work forever. The Chinese system has clueless bureaucratic s much dumber than Bernanke planning and controlling everything. Central planning never succeeds over the long term, central planning on the Chinese scale has never happened before in history.

    its going to get very ugly
 
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