Archive for March, 2008
Worldwide Financial Panic of 2008
We are uncomfortably close to the beginning of the great worldwide financial panic of 2008. You had better buckle your seat belt, put on your crash helmet, and get ready for a bumpy, and for many, very unpleasant ride.
“We are going to see economic times the likes of which no living person has seen,” Trends Research Institute Director Gerald Celente said, forecasting a “Panic of 2008.”
“The bigger they are, the harder they’ll fall,” Celente said in an interview with New York’s Hudson Valley Business Journal.
Celente, who correctly forecast the subprime mortgage financial crisis and the dollar’s decline a year ago and gold’s current rise in May, told the newspaper that the subprime mortgage meltdown was just the first “small, high-risk segment of the market” to collapse.
19Mar2008 | taipan | 0 comments | Continued
Hello Eugene,
Thank you for your comments. Good to see that you will keep a close eye on the crisis ...
A most interesting post Taipan, and believable, in spite of it's depressing nature. Smart people stay informed and accept the ...
Barack John
Left and rights of passage
Black and whites of youth
Who can face the knowledge
that the truth is not the truth?
Obsolete ...
Hi Taipan- I just found your blog. I think your thoughts are right on the mark. It's not ...
Quite right,too.
When confronted by such experts I immediately ask why, if they're so clever, they're working ...
This is nice blog that is related to Stock Market Investing Courses that Investing in stocks is a more risky ...
