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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
I help you SUCCEED
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Join Date: Nov 2003
Location: The Pearl of the Orient Seas
Posts: 32,195
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Which bubble will WIPE OUT the global ECONOMY?
Now that Apple is headed towards a $100 TRILLION (trillion!!!) market valuation, it's a good idea to remember that we are living in a time of MULTIPLE bubbles.
Watch out below, bros! Which Bubble Burst Will Crash The Stock Market? | Australia Network News |
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#2 |
Confirmed User
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Join Date: Jul 2014
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None. There might be asset bubble and fat bubble (you know, fat people), but people got to still eat, etc., and to have few "toys" too.
Also, bubble isn't bubble until and if it bursts. Declaring bubbles ahead is just a form of foretelling; accuracy is what it is, usually not that good. |
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#3 |
See signature :)
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Join Date: Apr 2007
Location: ICQ 363 097 773
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#4 |
It's 42
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Join Date: Jun 2010
Location: Global
Posts: 18,083
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The more "bubbles" there are the more diversified risk is.
The high-tech speculative market will not burn the general investment community only the speculators.The same could be said of the speculative precious metals markets. Of more real concern is the shadow foreclosure market in the USA. A lot of the real peril of banks and other mortgage lenders equity is hidden right now. US SEC rules allow for the carrying of oil assets at the old price of near $100 a barrel. The Price of Oil Is About to Blow a Hole in Corporate Accounting - Bloomberg Business that is a shit storm waiting to happen ... |
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#5 |
80/20 Rule
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Join Date: Apr 2010
Location: Los Angeles
Posts: 3,051
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Sorry to pop your bubble theory, but your statistics are wrong. Apple's valuation is about $750 billion. It's got a long way to go to reach $100 trillion. To put it in perspective, the GDP of the entire world was approximately $72-76 trillion in 2013.
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#6 |
Too lazy to set a custom title
Join Date: Dec 2004
Location: Vancouver
Posts: 18,638
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....Did you seriously think he legitimately thought Apples's valuation was 100 trillion?
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I like turtles. |
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#7 |
Too lazy to set a custom title
Join Date: Nov 2002
Location: Earth
Posts: 14,627
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Check out the govt debt bubble. Or the debt bubble in general.
Global debt has grown by $57 trillion in seven years following the financial crisis | News | The Guardian The US consumer has been paying theirs down for the last two years or whatever it is but that is nothing in the 15 year time line. Japan is basically screwed and no one wants to admit it. Forget Greece, Japan is the world's real economic time bomb - Fortune China has blown up their debt in every sector but honestly they save so much hard cash that I doubt it could be an issue except as a draw on growth at some point. |
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#8 |
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Join Date: Mar 2003
Location: San Diego
Posts: 32,173
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Someone is bored...
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#9 | |
I help you SUCCEED
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Join Date: Nov 2003
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Quote:
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#10 |
I help you SUCCEED
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My bad. I meant to say ONE TRILLION.
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#11 |
The People's Post
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Join Date: Dec 2008
Location: invisible 7-11
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i would guess that level of bubble would have to be the result from a catastrophe of some sort, natural or manmade, whichever market tied to that would be instantly destroyed taking with it the world economy. a massive solar flare or a tsunami on either coast of the USA, a nuke wipes out a major metropolis that is significantly tied to a market.
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#12 | |
Confirmed User
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Join Date: Dec 2001
Location: Midwest USA
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Quote:
The Rothschilds alone control 500 Trillion; and they won't show on your 'Forbes' list |
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#13 | |
Too lazy to set a custom title
Join Date: Nov 2002
Location: Earth
Posts: 14,627
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Quote:
I know they are huge and secretive but that big? https://opencorporates.com/corporate...ngs/Rotschilds Natahnial shows on a Forbes list - Nathaniel Rothschild - Forbes |
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#14 | |
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Location: Midwest USA
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Quote:
No one could control pretty much everything we see, do and read, could they? Unlike the Pharaohs of Egypt, they couldn't possibly own more than half the wealth of the entire world and still let us think we are free? That would be bad. |
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#15 |
Too lazy to set a custom title
Join Date: Nov 2002
Location: Earth
Posts: 14,627
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Well, I am not sure about you but I do what I want almost everyday. I could not really be more free. Just saying.
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#16 | |
Confirmed User
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Location: Midwest USA
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Quote:
You won't eat, sleep or live... just saying |
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#17 | |
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Quote:
If bubble means just overvaluation, there is no saying that it will come down ever. "DEFINITION of 'Bubble' 1. An economic cycle characterized by rapid expansion followed by a contraction. 2. A surge in equity prices, often more than warranted by the fundamentals and usually in a particular sector, followed by a drastic drop in prices as a massive selloff occurs. 3. A theory that security prices rise above their true value and will continue to do so until prices go into freefall and the bubble bursts. " Bubble Definition | Investopedia |
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#18 |
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Join Date: Jan 2006
Posts: 6,218
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It must suck living your life in constant fear of a boogey man
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Sup |
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#19 |
Confirmed User
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Location: Canada
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"they" use money and pay taxes as well as the rest of us though--far more than the masses in total i'm sure. So your motion that money=slavery wouldn't apply if they have to use it all the same. Pharaohs or kings were just provided for in comparison. You COULD argue that since they have so much money/power that the expenses are so low it may as well be considered provided for, but then you could say that about athletes who sign giant contracts--and unless they are playing for sacramento or los angeles they are not kings. ;)
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