Comments on: The Dominant Force In World Financial Markets In 2010 Is Fear

By: james taylor

james taylor — Wed, 16 Jun 2010 22:14:51 +0000

Virtually every economist doesn’t understand the simple fact that for over 500 years, every developed economy has been driven by the “Business Cycle”. The characteristics of the Business Cycle are consistent every time. The economy is either expanding, or it is contracting. No one has ever found a point of “equilibrium” where everybody lives happily ever after.

The Business Cycle is driven by psychology, not by finance! The expansion phase can be characterized by greed and endless optimism. In the contraction phase, it is driven by fear and uncertainty. That certainly explains the current situation.

For a more complete explanation of Business Cycles, go to http://www.scribd.com/doc/16864582/The-Great-Recession-Conspiracy. It is also available as a Kindle book. For almost daily updates, see http://thegreatrecessionconspiracy.blogspot.com.

By: musivick

musivick — Thu, 10 Jun 2010 09:57:48 +0000

“For instance, when a senior Hungarian official said that the Hungarian economy was in a “very grave situation” last week it sent world financial markets into a tailspin. Panic was everywhere …”

gentlemans wager, if someone were to investigate some Hungarian related futures market shorts… they might find there was increased activity up to the ‘surprise announcement’ by the enior official…

the greed demon is running rampant

By: Suetonious

Suetonious — Tue, 08 Jun 2010 18:11:00 +0000

Well, for once – this fear is absolutely rational. It is long overdue. The entire world has been caught up in a delusionary sense of security and prosperity for decades now, even as the water seeped in below the waterline.

Psychologists would deem it quite normal for a patient waking up from a drug-induced stupor into a real-world nightmare – to run screaming away from suddenly perceived danger.

What is quite irrational is how the passengers careen from bow to stern – from the Dollar to the Euro and back, instead of fashioning makeshift lifeboats of wood paneling and furniture from all over the ship -as a metaphor for buying gold and silver. Or, for those who think that buying precious metals is for optimists, stocking up on water, food, guns and ammo – in a defensible location.

By: Jack

Jack — Tue, 08 Jun 2010 16:46:18 +0000

Soros comes from Hungary! “Hungary truly is a welfare state. It’s a nation of 10 million that has three million pensioners.” See Canada and its future there? Takedown of the US is underway. Lotsa stuff. Iran dumps the Euro for the US$ and other assorted junk. Currency revaluations? Why not. They are not worth anything now! Florida and LA real estate going down the crapper with the oil leak? These writings writing may be closer to the truth than we think. Last one out turn the lights off!