When is the next global crash coming? Assuming there's no more money for bailouts, how bad can it get short-term?
>>1505896
Whenever they need to start ww3
Look at Deutsche Bank
Its happening right now
>>1505957
when can I buy deutsche bank? maybe $9 or so?
>>1505959
Mhh I think late october or november sometime.
DB is carrying all of the failed EU states, when they have to pay that fine, the house of cards will fall.
>>1505988
the fine will be much lower tho
>>1505988
I'll keep my eyes on it. I'm hungry for cheap stock
They come and recover every now and then. The S&P still averages 10% a year over a 100+ year period. Only people that should be concerned about crashes are people 5-10 years from retirement. It's a buying opportunity for everyone else.
>>1505896
I have my eye on Fall 2017 because:
>Next great recession will start in China
>Eastasian valuations are rediculously high and nobody's talking about them.
>Year of the rooster is very inauspicious to the chinese
>No one wants to rock the boat in a US election year.
So should I wait to buy my first house in Aus
>>1506045
Nah
>>1505896
yr 2021. global reccession. will last until end of 2024.
>>1505896
unrelated question. do these guys collect lapel pins like boyscout badges, or those retarded kids at maccas that get CSR badges and shit?
>>1506129
>yr 2021. global reccession. will last until end of 2024.
Might not even be on US currency by that stage.
I heard bitcoin is ready to take it's rightful place.
>>1506011
>100+ year period
>is a 40 year old index
>>1506037
How will a recession in China cause a global crash? They mostly do replaceable manufacturing work.
>>1506254
if it lasts for more than 2 yrs it's already a depression m8
>>1505957
Ive been shorting deutsche with a leverage for a while. Euro banks will absolutely go to zero eventually
>>1506294
replaceable over many years and with billions of investment somewhere else to match their capacity
if China goes down they'll take SE Asia with them and as far as I know they pretty much own Africa, too so that's all your potential slave markets covered.
>>1506573
That will pull manufacturing jobs back to the the first world.
I don't know about Europe and Japan, but there's no shortage of potential factory workers in the US.
Might be some potential in India, too.
>>1506577
China is India's largest trading partner.
1st world workers aren't ok with making 80 bucks a month so even if you stick to places like eastern Europe that's your labor costs quadrupled plus the aforementioned tens of billions to match Chinese capacity. That will have a sizeable effect on end product costs