Daily Doom

[DimPrawn]

House prices to halve - the FTSE to fall by even more - This is Money

House prices slumping by 50 per cent or more. Big-name companies failing in their hundreds. The FTSE declining for decades in a series of steep crashes, interspersed with smaller rallies.

These are the apocalyptic visions of respected - and to date uncannily accurate - economist and investment manager David Kauders.



Has AtW completed yet?

[TimberWolf]

More QE until the end of money is it then.

[Mich the Tester]

Rough translation; 'I have lots of put options and CDSs and have invested heavily in US and UK bonds'. I really need this crash to happen otherwise I will lose my shirt and people will stop buying my books.'

[TimberWolf]

His book articulates his vision in great detail. In particular he stresses how slowly everything will happen: so slowly that it will be barely perceptible

Sounds horrific.

[DimPrawn]

His book articulates his vision in great detail. In particular he stresses how slowly everything will happen: so slowly that it will be barely perceptible

Sounds like a public sector IT project.

Doomed!

[Mich the Tester]

Sounds like a public sector IT project.

Boomed!

ftfy

fill yer boots

[DimPrawn]

ftfy

fill yer boots

True dat!