A prognostiation

[tothjj]

Charles Hughes Smith is a pretty good blogger. One of the financial biggies in the blogging world. He officially made his call on the Great Unraveling. He didn’t give a specific date but called it to happen, “…in the next few weeks.” No real point to this post, just a good read and we will see if history proves him right.

http://www.oftwominds.com/blognov07/empire-debt1.html?ref=patrick.net

[JWM in SD]

Thanks for link.

Glad to see some posters here are finally starting to get it instead of bickering about comps on listings in San Marcos or if some McMansion in CV is a good deal right now.

The myopia of some of the posters here is hilarious. Fiddle away while SD is burning fools. You will see.

[JWM in SD]

Thanks for link.

Glad to see some posters here are finally starting to get it instead of bickering about comps on listings in San Marcos or if some McMansion in CV is a good deal right now.

The myopia of some of the posters here is hilarious. Fiddle away while SD is burning fools. You will see.

[JWM in SD]

Thanks for link.

Glad to see some posters here are finally starting to get it instead of bickering about comps on listings in San Marcos or if some McMansion in CV is a good deal right now.

The myopia of some of the posters here is hilarious. Fiddle away while SD is burning fools. You will see.

[JWM in SD]

Thanks for link.

Glad to see some posters here are finally starting to get it instead of bickering about comps on listings in San Marcos or if some McMansion in CV is a good deal right now.

The myopia of some of the posters here is hilarious. Fiddle away while SD is burning fools. You will see.

[kewp]

I dunno, folks have been saying ‘the end is nigh (next week)’ for eons.

Of course, they may well be right this time.

I personally think its going to more like a slow death via stagflation, as Bernake just keeps inflating the money supply.

[kewp]

I dunno, folks have been saying ‘the end is nigh (next week)’ for eons.

Of course, they may well be right this time.

I personally think its going to more like a slow death via stagflation, as Bernake just keeps inflating the money supply.

[kewp]

I dunno, folks have been saying ‘the end is nigh (next week)’ for eons.

Of course, they may well be right this time.

I personally think its going to more like a slow death via stagflation, as Bernake just keeps inflating the money supply.

[kewp]

I dunno, folks have been saying ‘the end is nigh (next week)’ for eons.

Of course, they may well be right this time.

I personally think its going to more like a slow death via stagflation, as Bernake just keeps inflating the money supply.

[NotCranky]

So I believe this is supposed to happen, according to Smith, well before the New Year?

From the essay dated Nov. 5,2007
Here are a few predictions:

1. The Dow Jones Industrials will drop hundreds of points in a day, very soon, losing at least 3,000 points within the next few weeks.

2. The Shanghai stock market will lose half its value, dropping from 5,800 to under 3,000.

3. Major banks will be declared insolvent.

4. Major lay-offs will occur as U.S. retail, auto and house sales plummet.

5. The tech high-fliers (RIMM, GOOG and AAPL) fall will precipitously

[NotCranky]

So I believe this is supposed to happen, according to Smith, well before the New Year?

From the essay dated Nov. 5,2007
Here are a few predictions:

1. The Dow Jones Industrials will drop hundreds of points in a day, very soon, losing at least 3,000 points within the next few weeks.

2. The Shanghai stock market will lose half its value, dropping from 5,800 to under 3,000.

3. Major banks will be declared insolvent.

4. Major lay-offs will occur as U.S. retail, auto and house sales plummet.

5. The tech high-fliers (RIMM, GOOG and AAPL) fall will precipitously

[NotCranky]

So I believe this is supposed to happen, according to Smith, well before the New Year?

From the essay dated Nov. 5,2007
Here are a few predictions:

1. The Dow Jones Industrials will drop hundreds of points in a day, very soon, losing at least 3,000 points within the next few weeks.

2. The Shanghai stock market will lose half its value, dropping from 5,800 to under 3,000.

3. Major banks will be declared insolvent.

4. Major lay-offs will occur as U.S. retail, auto and house sales plummet.

5. The tech high-fliers (RIMM, GOOG and AAPL) fall will precipitously

[NotCranky]

So I believe this is supposed to happen, according to Smith, well before the New Year?

From the essay dated Nov. 5,2007
Here are a few predictions:

1. The Dow Jones Industrials will drop hundreds of points in a day, very soon, losing at least 3,000 points within the next few weeks.

2. The Shanghai stock market will lose half its value, dropping from 5,800 to under 3,000.

3. Major banks will be declared insolvent.

4. Major lay-offs will occur as U.S. retail, auto and house sales plummet.

5. The tech high-fliers (RIMM, GOOG and AAPL) fall will precipitously

[davelj]

I’d buy all this if he changed the date to the following New Year (that is, an extra year).

[davelj]

I’d buy all this if he changed the date to the following New Year (that is, an extra year).

[Author]

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