The biggest financial crash in history will happen in 2019

[izentrop]

One more step: Warning: The Goldman Sachs fears a "CHAOS BOURSIER" in October https://www.businessbourse.com/2019/09/ ... -doctobre/

Bo Polny prediction in June 2019 https://www.businessbourse.com/2019/06/ ... -bo-polny/

At the same time The Goldman Sachs has published an analysis of 34 pages on the effects of climate change. And the results are terrifying: https://www.businessinsider.sg/goldman- ... ies-2019-9

Illustration:

Screenshot_2020-04-11 The biggest financial crash in all history will happen in 2019.png (439.06 KiB) Viewed 8708 times

[Christophe]

Indeed "we" hear about it for a few months ... more or less publicly ... Now predicting a major financial crisis is as precise as astrology. Unless everything is really orchestrated by a few ultra powerful (Manichean-parano-realistic mode?)

A serious crisis for the climate is rather interesting, is not it?

Greta should be thrilled the consequences of an economic crisis automatically lead to a reduction of human activities and therefore of consumption and GHG emissions: climate-change-co2 / greta-face-to-deputies-t16068-60.html # p367589

So the study of Goldman Sachs (which, by the way, seems very light ...) she takes into account this crisis or not?

Explained in a quarter of an hour:

ps: nice your new avatar it is in anticipation of the said crisis?

[izentrop]

Now predicting a major financial crisis is as accurate as astrology.

Yes, but it can help finance to anticipate to avoid a major crisis. Recession there will be, but as much take the lead to limit the breakage ...
After that, looking for the plot does not interest me.

nice your new avatar is in anticipation of the said crisis?

Bin Yeah!, Will have biscottos to support what awaits us

[Christophe]

Anticipate to avoid a major crisis?

Do you think this is the goal of finance to avoid crises?

The one and only purpose of finance is to make money with money: finance will do everything to limit its own losses but in no way save the world from a major financial crisis!

JP Morgan has just borrowed on 3 days 22% of its market capitalization (which itself is undoubtedly on valuation)

The video explains quickly and this has already been said several times about forums: "Since 2008, banks have privatized their profits but socialized their losses" So in the state of the current system, the banks, which create crises, enrich themselves with crises ... on the backs of states and citizens!

From this fact, the crisis that happened was written as early as 2008. Arte had also explained it quickly from 2008: economy-finance / the-financial-crisis-the-understand-with-arte-thema-t5666.html (but when we look at the Angels we can not educate ourselves on Arte ...)

[Christophe]

Greta should be thrilled the consequences of an economic crisis automatically lead to a reduction of human activities and therefore of consumption and GHG emissions: climate-change-co2 / greta-face-to-deputies-t16068-60.html # p367589

It's also the same conclusion that the video arrives ... I wrote this before looking at it all the way

[Christophe]

A happy (or unhappy?) Coincidence, Guillaume Canet's latest film "In the name of the earth" was released on September 25, so at the same time as the outbreak of the coming crisis ...

It deals with the problem of the excesses of finance in agriculture ... which lead to ruin and desolation!

[eclectron]

Me there is something that exceeds me. How could one imagine that it happens otherwise?
There is no perennial money, not even the savings on livret A.
All money on the planet was created following a bank loan (which then circulates).
This money created, must be destroyed then, to balance the accounts of the bank, it is accounting ...
So all the money in circulation, in savings etc ... at this moment, will have to be counted destroyed one day.
Growth can hide the worry, as long as we need more and more loans, everything is fine.
This is the red queen effect.
As a result, the more the global money supply grows, the more the debt grows and inevitably arrives the moment when nature gets involved: growth is no longer at the rendezvous, because impossible (scarcity of resources of any kind or other) or not wanted (consumers stuffed) and there, the money supply that has only grown and therefore the debt, becomes unbearable and crash.
The system is completely con, it would take long-term money, at least in part and not only debt money.

[GuyGadebois]

The system is completely con, it would take long-term money, at least in part and not only debt money.

Thanks to the "Pompidou-Rothschild" law ... We can't wait for everything to go wrong.

[eclectron]

How the Fed avoided a Krach by injecting 270Mds of dollars.
Well, the poor financiers who speculated on the downside on oil and did not see the coming of the missiles on Saudi refineries could have collapsed the financial house of cards.

[Christophe]

The system is completely con, it would take long-term money, at least in part and not only debt money.

Thanks to the "Pompidou-Rothschild" law ... We can't wait for everything to go wrong.

Pompidou Giscard you mean?

We talked about it here in 2012: economy-finance / crisis-of-the-debt-to-back-on-the-law-Pompidou, Giscard-1973-t11038.html

Attention, it has equivalents everywhere on earth, nothing French-French inside ...