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Big River
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Author Topic: How fast do you think it will happen?  (Read 20076 times)

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lew

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Re: How fast do you think it will happen?
« Reply #60 on: October 16, 2014, 01:53:51 pm »

Economic shakes??
Just listening to the commentary by the news reader shows how lots of smaller events can add up.
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lew

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Re: How fast do you think it will happen?
« Reply #61 on: October 16, 2014, 04:28:59 pm »

Quote
As if the world didn’t have enough to be worried about (ISIS, Ebola, slowing China, Ukraine, slowing Germany, Fed tightening, etc.) now look what’s back: Greece. And in a big way.
The stock market is down over 9% on Wednesday, which is about as big as crashes come.
And the banks are getting absolutely smashed.

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lower demand for oil has to indicate lower economic activity.
Quote
Brent crude fell to a fresh 47-month low on Wednesday before recovering to around $84 a barrel, as faltering global growth curbed demand for fuel at a time of heavy oversupply.

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Fam6

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Re: How fast do you think it will happen?
« Reply #62 on: October 16, 2014, 05:14:33 pm »

Did you hear of wall st plunges?
It's starting out the same as last GFC.
War and wall st trading drops.
I guess Russia is having the last laugh at the U.S
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lew

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Re: How fast do you think it will happen?
« Reply #63 on: October 16, 2014, 06:23:36 pm »

Looks as if Russia may have its own problems,
Quote
Because of Russia’s outsize dependence on oil and gas, which account for more than two-thirds of its exports, lower energy prices can easily tip its $2 trillion economy into recession. “Growth is likely to remain positive only with oil prices above $92 to $93 a barrel,” says economist Charles Robertson of Renaissance Capital. At $90 a barrel, the economy would contract 0.4 percent next year, and at $80 a barrel it would shrink 1.7 percent, he predicts.
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Certainly some jitters on the global stage, yet I think the All Ords increased slightly today? Not sure.
Quote
What seemed like another good year for investors in US equities is now fraught with uncertainty, with $1.3 trillion in S&P 500 companies' market value disappearing.
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Offgrid

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Re: How fast do you think it will happen?
« Reply #64 on: June 19, 2015, 07:28:43 pm »

prepping is a growth industry. I've been thinking of starting a business for the industry.....
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innercity

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Re: How fast do you think it will happen?
« Reply #65 on: June 19, 2015, 07:32:58 pm »

Yep I agree Offgrid - I've been thinking about that for a while
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Offgrid

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Re: How fast do you think it will happen?
« Reply #66 on: June 19, 2015, 07:53:41 pm »

We found a nice building on a scenic route that gets heaps of travel. But our ideas are more defined: big electricity. More than anything else..."kilowatt hours" will be a commodity. Sure, all offgrid gear, too...but big gensets, mostly. If the future bodes ill...if you can supply electricity to a half dozen neighbours...you'll never starve! :)
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