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Too soon for a crash, it'll be another 2 or 3 years, no excesses yet!! China is just a pullback, first of all we need to go through a commodities recovery, once oil prices are hitting 120, and interest rates are up, then the crash will come.
Too soon for a crash, it'll be another 2 or 3 years, no excesses yet!! China is just a pullback, first of all we need to go through a commodities recovery, once oil prices are hitting 120, and interest rates are up, then the crash will come.
Too soon for a crash, it'll be another 2 or 3 years, no excesses yet!! China is just a pullback, first of all we need to go through a commodities recovery, once oil prices are hitting 120, and interest rates are up, then the crash will come.
You might be right about the timeframe, who knows. I don't think you're right about commodities though, as there's a supply glut and a demand vacuum and neither of those things are likely to pass soon. If China continues to meddle (one of several possible triggers), and they will of course, a crash could be precipitated much sooner than 2-3 years. Also, UK banks have enormous exposure to China (one of the highest exposures of any country in the world), putting aside HSBC and StanChart.
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