Re: Financial topics
Posted: Sat Jan 04, 2020 10:59 pm
Kyle Bass asks Graham Allison what is the probability of war with China.
https://youtu.be/C8GfShiu72k?t=2012
https://youtu.be/C8GfShiu72k?t=2012
Generational theory, international history and current events
https://www.gdxforum.com/forum/
Weasel-word non-answer.Higgenbotham wrote:Kyle Bass asks Graham Allison what is the probability of war with China.
https://youtu.be/C8GfShiu72k?t=2012
Seems like he doesn't want to say. But if I recall right, much later he says there will likely be a series of uncontrollable events that involve other countries that will inadvertently and inexorably lead to war.John wrote:Weasel-word non-answer.Higgenbotham wrote:Kyle Bass asks Graham Allison what is the probability of war with China.
https://youtu.be/C8GfShiu72k?t=2012
This is why - from January 17, 2018:Higgenbotham wrote:My personal view remains that any further gains in the stock market will be zero to marginal at best.
Higgenbotham wrote:I'm surprised nobody commented on this. The reason platinum, tulips and bitcoin could be pushed to such an astounding degree during the last days of their bubbles is because they are thinly traded markets. If 0.02% of available investment funds are in a thinly traded market, then increasing that is not a problem. There is no way stocks can be pushed in the same manner as these thinly traded bubbles unless the Fed were to counterfeit trillions and throw it into the stock market during the last days of the bubble.Higgenbotham wrote: Here's another opinion based on pattern that I got last night:
Unprecedented euphoria continues to inflate the markets to ever loftier levels. However, the technical and cyclical indicators suggest an imminent crash in stock prices. The leading scenario is that domestic stocks are in a blow-off resembling the 1980 platinum market top and the 1637 Tulip-mania peak. If the pattern repeats, then domestic stocks will reach their final top between January 22 and early February. After peaking, a monumental crash should develop – with stocks losing 50% or more of their current values in as little as two weeks.
A late January or early February top is possible. If so, my guess is that most of the gains for the year are in and the market will slowly bump its way higher over the next 1-2 weeks. Regarding that, it's kind of eerie this time around in that the big banks and the big Wall Street firms have all been pretty unanimous in saying 2750-2850 will top the market this year.
This is an interesting point -- that the size of a bubble isHiggenbotham wrote: > I'm surprised nobody commented on this. The reason platinum,
> tulips and bitcoin could be pushed to such an astounding degree
> during the last days of their bubbles is because they are thinly
> traded markets. If 0.02% of available investment funds are in a
> thinly traded market, then increasing that is not a problem. There
> is no way stocks can be pushed in the same manner as these thinly
> traded bubbles unless the Fed were to counterfeit trillions and
> throw it into the stock market during the last days of the
> bubble.
I just don't think that it will be the fed that causes the globalHiggenbotham wrote: > And I don't think it's far-fetched to think they will counterfeit
> trillions before they are forced to give up, as they collapse the
> world financial system and plunge the world headlong into a new
> dark age.
https://twitter.com/TomtheBasedCat/stat ... 2612538370Higgenbotham wrote:Seems like he doesn't want to say. But if I recall right, much later he says there will likely be a series of uncontrollable events that involve other countries that will inadvertently and inexorably lead to war.John wrote:Weasel-word non-answer.Higgenbotham wrote:Kyle Bass asks Graham Allison what is the probability of war with China.
https://youtu.be/C8GfShiu72k?t=2012
https://youtu.be/C8GfShiu72k?t=2630