Repercussions on us re. recent stock market crash ...(?)

Discussion in 'Off-Topic Discussion' started by rosebay, Aug 25, 2015.

Page 1 of 3
  1. rosebay

    rosebay budding naturalistic gardener!

    Joined:
    Mar 5, 2015
    Messages:
    1,060
    Occupation:
    Full Time Person....OK, pensioner!
    Location:
    London
    Ratings:
    +1,163
    Seems like we should be planning for an imminent major disruption. At first I thought this article was scaremongering, but one sentence stood out to me....

    “We were close enough in 2008 (if the bank bailout hadn't worked),” he said. “and what's coming is on 20 times that scale”.

    Here is the whole article...

    http://www.msn.com/en-gb/money/mark...n-brown-advisor/ar-BBm3clv?ocid=mailsignoutmd

    Your thoughts?
     
    rosebay, Aug 25, 2015
    #1 Quote in Conversation
  2. *Potash*

    *Potash* Gardener

    Joined:
    May 15, 2013
    Messages:
    214
    Gender:
    Male
    Ratings:
    +365
    Blimey, i'm still living off the stuff I got in for the ebola outbreak :yikes:
     
    • Funny Funny x 4
      *Potash*, Aug 25, 2015
      #2 Quote in Conversation
    • Sheal

      Sheal Total Gardener

      Joined:
      Feb 2, 2011
      Messages:
      36,114
      Gender:
      Female
      Location:
      Dingwall, Ross-shire
      Ratings:
      +54,338
      I believe the world talked itself into the last crash......so here we go again! Scaremongering is not helpful! :doh:
       
      • Agree Agree x 5
      • Useful Useful x 1
        Sheal, Aug 25, 2015
        #3 Quote in Conversation
      • Anthony Rogers

        Anthony Rogers Guest

        Ratings:
        +0
        It's all scaremongering as Sheal has said.
        If we're in for a crash why is the London Stock Market rising ?
         
        • Agree Agree x 4
        • Like Like x 1
          Anthony Rogers, Aug 25, 2015
          #4 Quote in Conversation
        • pete

          pete Growing a bit of this and a bit of that....

          Joined:
          Jan 9, 2005
          Messages:
          51,105
          Gender:
          Male
          Occupation:
          Retired
          Location:
          Mid Kent
          Ratings:
          +93,968
          Who writes that rubbish?
           
          • Agree Agree x 2
            pete, Aug 25, 2015
            #5 Quote in Conversation
          • Sheal

            Sheal Total Gardener

            Joined:
            Feb 2, 2011
            Messages:
            36,114
            Gender:
            Female
            Location:
            Dingwall, Ross-shire
            Ratings:
            +54,338
            Quote: "The People's Bank of China finally takes action." They slashed interest rates by a 1/4 of 1% ten hours ago.
             
            • Like Like x 1
              Sheal, Aug 25, 2015
              #6 Quote in Conversation
            • Freddy

              Freddy Miserable git, well known for it

              Joined:
              Jul 15, 2007
              Messages:
              9,466
              Gender:
              Male
              Occupation:
              Retired - yay!
              Location:
              Bristol
              Ratings:
              +12,518
              Probably the same people that like to pick up shares cheap.
               
              • Agree Agree x 5
              • Funny Funny x 3
                Freddy, Aug 25, 2015
                #7 Quote in Conversation
              • rosebay

                rosebay budding naturalistic gardener!

                Joined:
                Mar 5, 2015
                Messages:
                1,060
                Occupation:
                Full Time Person....OK, pensioner!
                Location:
                London
                Ratings:
                +1,163
                OK - I heed your posts and this is reassuring. Just wanted some feedback since this is not an area I am familiar with. Thanks.
                 
                • Friendly Friendly x 3
                  rosebay, Aug 25, 2015
                  #8 Quote in Conversation
                • WeeTam

                  WeeTam Total Gardener

                  Joined:
                  Mar 9, 2015
                  Messages:
                  2,389
                  Gender:
                  Male
                  Location:
                  Southern Scotland
                  Ratings:
                  +5,137
                  :snork:The mother of all crashes is coming maybe just not yet. Buy gold buy silver, move out of the cities, stockpile food and buy several scary dogs for the security you will be needing wnen the hoardes come looking for your food.:help::fingers crossed::snork:
                   
                  • Funny Funny x 5
                    WeeTam, Aug 25, 2015
                    #9 Quote in Conversation
                  • rosebay

                    rosebay budding naturalistic gardener!

                    Joined:
                    Mar 5, 2015
                    Messages:
                    1,060
                    Occupation:
                    Full Time Person....OK, pensioner!
                    Location:
                    London
                    Ratings:
                    +1,163
                    Yes many seem to think so WeeTam. The ones that prepare for it are apparently called preppers and I am in contact with some of them. Whilst I am in great admiration of them, I am too fucused on the present (perhaps to my detriment). Never been a planner.

                    To your list I would add that the most crucial access is having clean water. We die quicker from lack of water than lack of food.
                     
                    • Like Like x 1
                      rosebay, Aug 25, 2015
                      #10 Quote in Conversation
                    • ARMANDII

                      ARMANDII Low Flying Administrator Staff Member

                      Joined:
                      Jan 12, 2019
                      Messages:
                      48,096
                      Gender:
                      Male
                      Ratings:
                      +100,844
                      Well, the fact that the Chinese Stock Market is sliding isn't really connected to the crash of our Stock Markets The Chinese Stock Market is run by the Chinese Government and is not interlinked with the world markets and the biggest losers are the mainly ordinary Chinese private investors who were encouraged to buy shares/stock by their government and all that initial buying forced over evaluation of the stocks.
                      Our Stock Markets have crashed because they looked at the slide in a Stock Market not even connected to them, somehow linked it to the slowing down of the Chinese economy [standing at 7% growth...ours is a 2.7% forecast:dunno:] and think DOOM, PANIC, PANIC............nothing in our Stock Markets reactions and decisions are logical and as they say all the values of Stocks and Shares are "in the mind", it's a perceived value and that can change on a rumour or because someone is manipulating the markets for a quick buck.
                       
                      • Like Like x 3
                      • Agree Agree x 3
                        Last edited by a moderator: Aug 25, 2015
                        ARMANDII, Aug 25, 2015
                        #11 Quote in Conversation
                      • Sheal

                        Sheal Total Gardener

                        Joined:
                        Feb 2, 2011
                        Messages:
                        36,114
                        Gender:
                        Female
                        Location:
                        Dingwall, Ross-shire
                        Ratings:
                        +54,338
                        Is this a Stock market crash or Armageddon? :)

                        I don't see this as preparation Rosebay but panic buying, which also causes chaos for everyone else that tries to be sensible as nothing is left on the shelves for people to buy. :doh:
                         
                        • Agree Agree x 4
                        • Funny Funny x 1
                          Sheal, Aug 25, 2015
                          #12 Quote in Conversation
                        • ARMANDII

                          ARMANDII Low Flying Administrator Staff Member

                          Joined:
                          Jan 12, 2019
                          Messages:
                          48,096
                          Gender:
                          Male
                          Ratings:
                          +100,844
                          It's neither really, Sheal. The European Markets slid and have recovered somewhat, while the American markets recovered slightly but have panicked again somewhat and have dipped a bit again. America is financially connected to China in that at the moment they are in debt to China to the sum of $1270.3 Billion dollars. Oil is low because the Arab Producers see the American fracking for gas as undermining their energy markets and so are over producing and the oil/gas on the ships waiting out at sea are being bought and rebought without the ships even going into port!!
                           
                          • Informative Informative x 3
                          • Agree Agree x 1
                            Last edited by a moderator: Aug 25, 2015
                            ARMANDII, Aug 25, 2015
                            #13 Quote in Conversation
                          • rosebay

                            rosebay budding naturalistic gardener!

                            Joined:
                            Mar 5, 2015
                            Messages:
                            1,060
                            Occupation:
                            Full Time Person....OK, pensioner!
                            Location:
                            London
                            Ratings:
                            +1,163
                            Whilst I agree with you, the ones I am referring to, that are called preppers, are not out there panic buying. They have been planning this for years and are now well stocked up.
                             
                            • Like Like x 2
                            • Agree Agree x 1
                              rosebay, Aug 25, 2015
                              #14 Quote in Conversation
                            • ARMANDII

                              ARMANDII Low Flying Administrator Staff Member

                              Joined:
                              Jan 12, 2019
                              Messages:
                              48,096
                              Gender:
                              Male
                              Ratings:
                              +100,844
                              [​IMG]
                              upload_2015-8-25_23-19-39.jpeg
                               
                              • Funny Funny x 2
                              • Like Like x 1
                                ARMANDII, Aug 25, 2015
                                #15 Quote in Conversation
                              Page 1 of 3
                              Loading...
                              Similar Threads - Repercussions recent stock
                              1. turfturfturf

                                Non-gardener, turf advice, recently flattened garden

                                turfturfturf, Apr 9, 2024, in forum: Lawns
                                Replies:
                                26
                                Views:
                                1,402
                                fairygirl
                                Apr 14, 2024
                              2. The Buddleja Garden

                                Recently Emerged Buddleja Pest

                                The Buddleja Garden, Apr 8, 2024, in forum: Pests, Diseases and Cures
                                Replies:
                                0
                                Views:
                                435
                                The Buddleja Garden
                                Apr 8, 2024
                              3. Drozich

                                Recently re-seeded lawn - brown patches

                                Drozich, Jul 28, 2023, in forum: Lawns
                                Replies:
                                5
                                Views:
                                806
                                Clueless 1 v2
                                Jul 28, 2023
                              4. LawnAndOrder

                                Recently Over-seeded Lawn

                                LawnAndOrder, May 1, 2022, in forum: Lawns
                                Replies:
                                55
                                Views:
                                8,986
                                LawnAndOrder
                                Oct 19, 2022
                              5. Ivo

                                Recently moved fatsia - is it dead, dying or napping?

                                Ivo, Apr 1, 2022, in forum: NEW Gardeners !
                                Replies:
                                9
                                Views:
                                1,813
                                Ivo
                                Apr 19, 2022

                              Share This Page

                              1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
                                By continuing to use this site, you are consenting to our use of cookies.
                                Accept Learn More...
                                Dismiss Notice