Chicken Liken thinks Scooter should get a grip
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Originally posted by PhiltheGreek View PostChicken Liken thinks Scooter should get a gripComment
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Originally posted by DimPrawn View PostWill the crash arrive just as BTC goes to the moon, meaning Lamborghini go bankrupt, and we all have to settle for a new Dacia Sandero in biege instead?
We'll be rich beyond our wildest dreams."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by barrydidit View PostWhatever happens, it won't arrive in the form Scooter is chimping himself off over every day.
Everyone seems to have gone mad. Massive massive debts, overbought markets, trade wars, central banks buying up stokes, mad."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View Post
Everyone seems to have gone mad. Massive massive debts, overbought markets, trade wars, central banks buying up stokes, mad.
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I contracted in the city for twenty-five years (to five years ago), the last twenty years have been nothing but bubble and bailout cycles.
We really are in a bloody mess.Comment
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2008 was a debt fuelled crisis triggered by the collapse of financial institutions. Some of which are a corpse being kept alive (RBS I'm thinking of you).
10 years later the debt is still there and larger, fuelled by money printing. What will be the trigger this time? Don't think it'll be political. It'll add to it for sure. In the end it'll be something simple."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View Post2008 was a debt fuelled crisis triggered by the collapse of financial institutions. Some of which are a corpse being kept alive (RBS I'm thinking of you).
10 years later the debt is still there and larger, fuelled by money printing. What will be the trigger this time? Don't think it'll be political. It'll add to it for sure. In the end it'll be something simple.Comment
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Originally posted by Hobosapien View Poste.g. Tesla and Uber both massively in debt yet have a company paper value of over $50bln. Following Amazon and other tech companies that aim to build a dominant market position by massive debt that is intended to be paid off when the market share means they can put up prices to finally make a profit, as they have seen off the competition by effectively using investment money to operate at a loss for as long as it takes to bankrupt the competition or scare them out of the market. A reverse protection racket.
Meanwhile Mercedes launched their all electric car this week. A car they developed with their own cash. There's no way Tesla can survive in the face of that. Tesla should stick with their space program, that is at least profitable.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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