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Vancouver Off-Topic / Current EventsThe off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.
please excuse my ignorance, but why do economies crash every 7 years or so. i remember my econ prof saying the same thing about economies crash periodically too. What causes the crash, and why can't we prevent it with all the data we have, and the policies we can implement if we know it is going to happen.
crashes happen because equilibrium must be met again.
like a wave. waves go up and down, because that's what they do.
here are some images that may or may not be related to what i am talking about
they also may or may not make sense to you, depending on... i have no idea.
take a look:
waves everywhere dude.
__________________ nipples neways...wat is with those fuck'n asians! i mean you would think they've never seen a dentist in their life. are dentists really that rare over there in ricey ricey and? looks like they're star trek ferrengi rejects! fuck'n have broken glass for teeth! goddaymn! and the smell....did a rat crawl in there and shit itself then marinate in its own shit as it decayed?ewwwwwwwwww! i swear...if one of those ferrengi asian girls gave head...when u pull the dick out it looks like it went thru a meat grinder! prolly shaved off a few slices of meat! *shudder* Greebo i t-boned some guy and killed their baby, it was funny silvia i have a couple asian guy friends that do very well with the ladies. but guess what, they go to the gym, they dont have long hair, they dont wear orange pants, and they dont play counterstrike. its not the ethnicity that the girls dont like, its the style and personality. 450HP Supra I am about to use your eye sockets as a shoe rack for my nuts. ...something about chinks, j-bodys, I can't quite remember as I was drunk and looking for a girl to punch in the clit. Think of it as a digital urinal, and you are the mint, except, instead of actually smelling mint, you smell like mothballs, rotten kimchee and virginity. I'm about to start drinking heavily now and you better be gone before I get back or I swear to god I will break the internet over my knee and use the pieces to beat you in the deformed skull with, cock muffler. Iceman-19 If your gf cooks and cleans, good, tell the guy to take a fucking hike. If she doesnt, fuck, that joker can have her. Lifes too short to cook your own meals and do your own laundry, thats what women are for! http://ho316.tumblr.com
I signed up to a Zionist website and all the Illuminati gave me was this lousy usertitle
Join Date: Apr 2012
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It was amazing, I learned many new things from it... but it was inaccurate. It also totally left out the Wall Street Bolshevik proxy.. including Mao to tie the Rothschilds Dynasty to the millions upon million that were starved to death by them.
where are the links to where this 'fact' came from?
and lets not forget, we can pretty much put together statistics to prove just about anything for the economy going forward, difference is, and this is a big one, no one knows what's going to happen tomorrow, that's why you buy often, buy diversified, and don't look at your investments everyday.
so what, economic crash in 2015-2016, if you're smart, you're earning good money and investing every month, you'll just get more for your money! i IMPLORE you to be right, CiC, i'd love to buy at lower prices today so that when i sell in 20 years, i'm even richer!
If you're going to go for any currency, it has be to RMB.
If you are going safe, go USD or CHF.
Stay away from RMB. IMHO, if there's anywhere that will be the epicenter of the next financial crisis, it's China.
Europe is surviving now. With France and Germany so focused on Euro, it's going to get bad... but not horribly bad since they have Germany behind as the manufacturing juggernaut and Germany will do anything to hold Euro together.
Russia became irrelevant with current price on natural resources suppressed the way they are.
Thus, the only one single economy possible to ripple around the world is China. And from my last trip there... I think it's up to how long can the communist party hold everything together.
China was on the verge of a financial collapse in 2008. So they poured in billions into building to pump up the GDP... and in the same time grossly increased the supply of RE in China.
However, Chinese have this mentality of owning their own home is the fundamental of living. Thus everyone when they have money, they invest into nothing much else but RE.
Every secondary/tertiary cities in China are dropping. It's common to drop 1/4~1/3 of the asking to achieve sales. Even in cities like Shanghai or Beijing, the price has basically peaked. The prices, while not dropping, are not increasing, and very few transaction (relatively to before) are taking place.
How would this create problem?
See the few examples when developers in China had to drop prices to get rid of their unsold units, buyers of other units basically went nuts and burn down the presentation center demanding for refund, because they cannot wrap their mind around RE dropping. Imagine that on a national level...