GFC 2 is here.......Oh dear.

Discussion in 'Markets & Economies' started by TheEnd, Jun 24, 2016.

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  1. TheEnd

    TheEnd Well-Known Member

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    Its only been a few hours since brexit was announced and all the markets are in freefall and new lowest ever records are being made.

    The U.S is back in great recession territory.

    RBA may have to cut rates again to keep Oz economy moving.

    Are these signs of the begining of a GFC 2 or am I over reacting???
     
    TheEnd, Jun 24, 2016
    #1
  2. Old Codger

    Old Codger Active Member Silver Stacker

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    I am not calling it that yet, my gut feeling is that it will subside and recover.

    JMO


    OC
     
    Old Codger, Jun 24, 2016
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  3. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    No more than you have for the last 5 years from what I can tell - therefore you are at normal base level for you...which to everyone else is an over reaction
     
    Stoic Phoenix, Jun 24, 2016
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  4. whinfell

    whinfell Well-Known Member Silver Stacker

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    You are over-reacting. As usual.

    Exactly which "new lowest ever records" are being made?
     
    whinfell, Jun 24, 2016
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  5. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    job interviews?
     
    Caput Lupinum, Jun 24, 2016
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  6. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    Meanwhile sarcastic jibes are riding a wave
     
    Stoic Phoenix, Jun 24, 2016
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  7. SilverDJ

    SilverDJ Well-Known Member

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    My share portfolio went up 3.3% today, what's the problem?
     
    SilverDJ, Jun 24, 2016
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  8. TheEnd

    TheEnd Well-Known Member

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    Cant remember now but I think it was the sterling.

    Watch ABC 24 news they are covering the whole story really well.
     
    TheEnd, Jun 24, 2016
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  9. whinfell

    whinfell Well-Known Member Silver Stacker

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    When you remember, get back to us - we're all ears :)
     
    whinfell, Jun 24, 2016
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  10. House

    House Well-Known Member Silver Stacker

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    30 year low. EHRMEHRGERD!!!111
     
    House, Jun 24, 2016
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  11. TheEnd

    TheEnd Well-Known Member

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    O.k just watching ABC news now and it is the british pound that has'nt been as low as it is today for 30 years.

    I'm sure a few hours ago they were saying it was lowest ever.

    I cant believe how much air time this is getting!!!
     
    TheEnd, Jun 24, 2016
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  12. House

    House Well-Known Member Silver Stacker

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    Should I hazard a guess that you don't know what its all time low is against?
     
    House, Jun 24, 2016
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  13. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    Can you do us all a favour & throw your TV out the window :eek:
    And just to & talk to some animals instead ;)
     
    spannermonkey, Jun 24, 2016
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  14. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    I so want him to say something random...like wool.
     
    Stoic Phoenix, Jun 24, 2016
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  15. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    TheEnd is just a realist and not as deluded as most people.
     
    SpacePete, Jun 24, 2016
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  16. TheEnd

    TheEnd Well-Known Member

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    Got no idea House.

    I'm just repeating what they're saying on the news.
     
    TheEnd, Jun 24, 2016
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  17. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Not GFC2 yet.

    Central banks to the rescue! They will save us!!

    *trumpets*
     
    BuggedOut, Jun 24, 2016
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  18. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    Come on Pete, in what world can someone quote half a fact, not be bothered to investigate the other half of it and be heralded as a Realist?
     
    Stoic Phoenix, Jun 24, 2016
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  19. House

    House Well-Known Member Silver Stacker

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    Why? It's done you absolutely no good for the last 4.5 years. Have you seen the movie Chicken Little?

    Your very first post on SS way back in Nov 2011;

     
    House, Jun 24, 2016
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  20. whinfell

    whinfell Well-Known Member Silver Stacker

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    TheEnd - predicting doom and gloom since 2011 :lol:
     
    whinfell, Jun 24, 2016
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