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  • FIRST POST
    • IceTry
    • By IceTry 19th Jun 17, 8:33 PM
    • 23Posts
    • 13Thanks
    IceTry
    What does it mean if the "debt bubble" bursts?
    • #1
    • 19th Jun 17, 8:33 PM
    What does it mean if the "debt bubble" bursts? 19th Jun 17 at 8:33 PM
    Can anyone explain this to me, please?

    I am wondering about this in terms of investments v. cash savings? But am also generally curious. A poster raised this issue in a recent thread.

    Thanks.
Page 3
    • Carrieanne
    • By Carrieanne 12th Aug 18, 3:57 PM
    • 99 Posts
    • 103 Thanks
    Carrieanne
    Events quickened in a big way two days ago when the Argentina peso and Turkish lira hit all-time lows versus the US dollar. It's massively odds-on that the Venezuelan bolivar and Iranian rial achieved similar but it's difficult to get accurate numbers as those countries are understandably coy about releasing data. Five years ago 10 bolivars purchased one US dollar. Today circa four million bolivars buys one US dollar, making that currency effectively worthless.

    Agent Orange in the Whitehouse appears intent on imposing sanctions or tariffs on anything that catches his eye. Whomever's pulling his strings seems to be in a hurry to initiate economic chaos on a global scale.

    Turkey's president has urged citizens to exchange their gold for lira. He ought to consider becoming a comedian.
    • sabretoothtigger
    • By sabretoothtigger 21st Aug 18, 1:02 AM
    • 10,023 Posts
    • 6,604 Thanks
    sabretoothtigger
    Tariffs and the threat of trade restrictions are having the ironic effect of supporting dollar.
    Less trade does not benefit USA and they do not have the production ready to make up the difference. This means higher costs for USA business which makes both parties worse off.
    For now its a trading high for Dollar but ultimately it will become worth less if trade declines.

    Also its a problem for their ongoing fiscal deficit and debt which has average term of only a few years. Less trade means less dollar demand especially for that debt and likely higher costs to service that debt
    Tokyo residential prices have gone from 4x London in 1990 to ¼ London in 2014
    Maybe this is one of those cases where you can’t go home again,
    by Ben S. Bernanke, former Fed chairman
    • finellah
    • By finellah 11th Sep 18, 8:11 PM
    • 57 Posts
    • 7 Thanks
    finellah
    A free pdf of Ray Dalio’s new book “A Template For Understanding Big Debt Crises” can be downloaded from the link below (email registration required)

    https://www.principles.com/big-debt-crises/
    • sarafray
    • By sarafray 24th Oct 18, 5:44 PM
    • 1 Posts
    • 0 Thanks
    sarafray
    Great thread for those who are new to investments. I too learned a few things here and there.
    Thanks OP for starting this thread.
    • Crashy Time
    • By Crashy Time 2nd Jan 19, 3:44 PM
    • 7,673 Posts
    • 2,795 Thanks
    Crashy Time
    A free pdf of Ray Dalio’s new book “A Template For Understanding Big Debt Crises” can be downloaded from the link below (email registration required)

    https://www.principles.com/big-debt-crises/
    Originally posted by finellah

    He thinks the next big crisis is going to be in the EZ, because of lack of political/economic cohesion. Bring it on I say, the debt bubble really needs to burst!
    • JOHNE21smith
    • By JOHNE21smith 20th Jan 19, 5:39 PM
    • 1 Posts
    • 0 Thanks
    JOHNE21smith
    Monthly Saving
    My monthly saving is unknown because I am a loafer.
    • thomasca
    • By thomasca 5th Feb 19, 5:45 AM
    • 2 Posts
    • 1 Thanks
    thomasca
    Nobody in this thread has mentioned the dept in the housing market. Do you think that if the housing bubble pops the the banks will survive and get bailed out?
    • Thrugelmir
    • By Thrugelmir 5th Feb 19, 5:36 PM
    • 62,849 Posts
    • 55,818 Thanks
    Thrugelmir
    Nobody in this thread has mentioned the dept in the housing market. Do you think that if the housing bubble pops the the banks will survive and get bailed out?
    Originally posted by thomasca
    Where are people going to live?
    "The most dangerous thing is to buy something at the peak of its popularity. At that point, all favourable facts and opinions are already factored into its price and no new buyers are left to emerge.”" - Howard Marks
    • FatherAbraham
    • By FatherAbraham 26th Mar 19, 6:38 AM
    • 956 Posts
    • 716 Thanks
    FatherAbraham
    Why is this topic considered so important that it remains "sticking" to the top of the forum?

    Seems like a waste of prime real estate to me.

    It's not like the existence of "the debt bubble" is even certain, and I'm neither aware of anyone worrying about it, or much compelling discussion on this moribund thread.
    Thus the old Gentleman ended his Harangue. The People heard it, and approved the Doctrine, and immediately practised the Contrary, just as if it had been a common Sermon; for the Vendue opened ...
    THE WAY TO WEALTH, Benjamin Franklin, 1758 AD
    • the trainwatcher
    • By the trainwatcher 18th Apr 19, 3:07 PM
    • 4 Posts
    • 0 Thanks
    the trainwatcher
    That makes complete sense many thanks
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