Billionaires Dumping Stocks, Economist Knows Why

darkbeaver

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Jan 26, 2006
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Billionaires Dumping Stocks, Economist Knows Why


So why are these billionaires dumping their shares of U.S. companies?
After all, the stock market is still in the midst of its historic rally. Real estate prices have finally leveled off, and for the first time in five years are actually rising in many locations. And the unemployment rate seems to have stabilized.
It’s very likely that these professional investors are aware of specific research that points toward a massive market correction, as much as 90%.
 

B00Mer

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This is interesting in that article..

Before you dismiss the possibility of a 90% drop in the stock market as unrealistic, consider Wiedemer’s credentials.

In 2006, Wiedemer and a team of economists accurately predicted the collapse of the U.S. housing market, equity markets, and consumer spending that almost sank the United States. They published their research in the book America’s Bubble Economy

I guess it's a safe bet to stuff you money into the mattress, unless you live in Calgary's flood plain. ;)
 

darkbeaver

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Jan 26, 2006
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This is interesting in that article..



I guess it's a safe bet to stuff you money into the mattress, unless you live in Calgary's flood plain. ;)

Not this time I think. There is a chance that before a year is out all the cash in our stuffed mattresses won't buy us a loaf of bread. Maybe that's inflation first and then reissue of some new plastic currency. Myself I spend it as fast as I get it for hard goods.
 

captain morgan

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"Buffett has been drastically reducing his exposure to stocks that depend on consumer purchasing habits"

This points more towards the general health of the economy moreso than knowing a secret handshake with the old boys club... On that note, there is speculation that the rebound in housing may hit another hiccup yet
 

damngrumpy

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Mar 16, 2005
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Since 2008 everyone had to know there was a massive something coming. Back in 1929
the bottom fell out, everything bounced back somewhat until about 1933 then all hell really
broke loose and the worst year was 1934.
It is said that 25% of the people were affected. Now this one will be different. some estimates
claim 85% or more will be directly affected.
We are facing a massive shutdown China and Europe are the first showing signs of strain and
now America and Canada who spent all kinds of money propping things up now face the full
wrath of what is to come. In 2008 I knew this was going to happen and here we go the signs
have been there for at least the last seven months.
 

petros

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Nov 21, 2008
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Since 2008 everyone had to know there was a massive something coming. Back in 1929 the bottom fell out, everything bounced back somewhat until about 1933
it never came back until post WWII
 

Cliffy

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Nov 19, 2008
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it never came back until post WWII
Which is why the war was so necessary. They let Hitler get away with that he was doing because they knew it would eventually lead to the war they all so desperately wanted to bring them out of the depression.
 

B00Mer

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Why and lose again like in A-Stan and Iraq? Are they still in the way of BTK NG getting to India like Syria is in the way of getting Med NG to EU

Which is why the war was so necessary. They let Hitler get away with that he was doing because they knew it would eventually lead to the war they all so desperately wanted to bring them out of the depression.

Hey, just saying if we need a good war that can be the level of WWII.. Iran.. economy booster.

Yeah right.

:lol: what? You don't like Ann Colter?
 

EagleSmack

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Not this time I think. There is a chance that before a year is out all the cash in our stuffed mattresses won't buy us a loaf of bread. Maybe that's inflation first and then reissue of some new plastic currency. Myself I spend it as fast as I get it for hard goods.

Whoop! Another DB prediction! I love these. Too bad I always forget where they are when the deadline passes.
 

darkbeaver

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Jan 26, 2006
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Whoop! Another DB prediction! I love these. Too bad I always forget where they are when the deadline passes.


Man you really are the boy who lives in the rose coloured bubble ain't you.


Of course it would be easy to brush me off if I didn't bring Warren Moneybags with me. Maybe you should find out why the lids are slithering away from the markets eh. I'll give you a hint, CRASHUNDBURN, that's German for plunge into hell.


War is not good for the economy it is the economy but it's not your economy it's their economy.
 

EagleSmack

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Man you really are the boy who lives in the rose coloured bubble ain't you.

What, pray tell, colored bubble do you live in? Wasn't martial law going to be declared in the fall of 2008 and GW Bush declaring himself dictator? Remember that one Beaver? I do.