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Market Crash Predicted

Who else agrees with this view of the markets:

http://truemors.com/?p=30066

This the text at the above url

If you thought the worst is already here, financial experts in Europe are predicting that we are going to see a severe downturn in global stock and credit markets. Is this true? Nobody likes bad news but are we prepared to handle the truth? :confused:

Comments

  • tradetime
    tradetime Posts: 3,200 Forumite
    It's quite possible, the markets are still in very uncertain times, I do not believe we have seen the worst of the "credit crunch" yet Inflation is rising all around the globe, the US is probably in a recession already, the UK is following fast, the Eurozone looks somewhat fragile, anythings possible.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • free4440273
    free4440273 Posts: 38,438 Forumite
    case in point: most of the day (prior to NY open) ftse was positive: why - because of the weighting of the miners....watch when these fall:)
    BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!

    THE KILLERS :cool:

    THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:
  • tradetime
    tradetime Posts: 3,200 Forumite
    This article might add some more speculation.
    http://www.liveleak.com/view?i=307_1213809051
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
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