I didn't think!!! I experimented!!!
I prefer the news from chicks in their bedrooms with earrings
rather than the usual economic pundits who are saying the same thing
https://www.google.co.jp/search?clie...PMKT8QeX4ay4CQ
so we have a ways to go ... BUT , a currency run will happen over night , Friday afternoon all ok , Monday morning banks closed , due to a computer virus or what ever
and you kiss goodbye to your money. ( your money is no an unsecured creditor or something like that ...bail INS anyone ?)
IMHO
you already have ( a kind of) hyperinflation in the asset market , commodities are tanking ( dont quote as Im not near a computer , but if I remember they are ALL down over the last year )
China , http://www.theguardian.com/business/...s-markets-live
that will stop Yellen increasing interest rates , ( almost seems like US and china are working together , yellen CANT put up interest rates and now she has an excuse ......QE 100 anyone ?)
So As I said before , Roll on September and we will get ( or have now )
http://www.theguardian.com/business/...s-markets-live
currency wars
trade war
World war ( and this/these wont be fought with sticks and stones , WW4 will but not these ones )
anyway , just IMHO
BTW, lets look at the conditions that led to the 29 market crash .....
https://en.wikipedia.org/wiki/Wall_S...c_fundamentals
Companies reporting record stock prices ( check )
Rampant speculation ( check )
S and p composite index ( p/e) SEPTEMBER 1929 ; 32 , currently 20
http://www.multpl.com/table
All we need now is a red flag to cause commodities ( ?) to crash and hey its 1929 all over again
Anyways
if ya do have a back up plan or a get out of jail card , your dumber than a horses patoot
Skills , not bits of paper , food in the house , and cash to cover the house ....and a fk load of beer,,,,,,,.IMHO
Stephen
All in the best possible taste of course
"Look, Madame, where we live, look how we live ... look at the life we have...The Republic has forgotten us."
Hmmm - anybody smell hear or see a weasel?![]()
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Kinky is using a feather. Perverted is using the whole chicken
True or false - funny thing is - I would still rather have the current mob in there than any of the others currently on serious (read media approved) offer!
Problem is - their attachment to NZ becoming a pseudo star on the American flag!![]()
This stock market is taking it time to crash aint it
Sent from my SC-01F using Tapatalk
"Look, Madame, where we live, look how we live ... look at the life we have...The Republic has forgotten us."
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