On Tuesday, 4 October 2016 22:11:56 UTC+1, Handsome Jack wrote:
> R. Mark Clayton <
notya...@gmail.com> posted
> >On Tuesday, 4 October 2016 16:32:09 UTC+1, Handsome Jack wrote:
> >> R. Mark Clayton <
notya...@gmail.com> posted
> >> >On Tuesday, 4 October 2016 10:49:10 UTC+1, tim... wrote:
> >> >>
> >> >> The billionaire hedge fund owners may notice this, but my bet is
> >> >>that TMITS
> >> >> wont.
> >> >
> >> >Depends if they are one of the million or so expected to lose their job
> >> >in a 6% down turn.
> >>
> >>
> >> Who expects this, and what is their track record of getting economic
> >> predictions correct?
> >>
> >> --
> >> Jack
> >
> >Read back in this group for the very long list and in particular Google
> >"Greenspan". I was a few months behind his Feb' 2007 prediction of the
> >2008 crash.
>
> He never predicted the 2008 crash, and nor did you.
It really gets up my nose when things have already been posted in this group (in Greenspan's case his February 2007 prediction is also in the public domain, so you can double check it yourself) and then some jerk comes along and just denies the past - ESPECIALLY when they have already been given chapter and verse only a month ago. Have you got early dementia as well as paranoid denial syndrome?
>
> --
> Jack
For reference: -
On Wednesday, 6 July 2016 22:04:30 UTC+1, Big Les Wade wrote:
> R. Mark Clayton <
notya...@gmail.com> posted
SNIP
> >>
> >> Cobblers. "The market" has no idea what will have happened in two years
> >> time. Look at its behaviour in 2007-08. Nobody who mattered had the
> >> faintest idea what was about to happen.
> >
> >Well apart from Alan Greenspan, Chairman of the US Federal Reserve
> >Bank, who predicted the crash in early 2007.
> >
>
> Balls. You tried that one before. When you were called out, it turned
> out that Greenspan said nothing of the kind.
Who trained you in denial - Dr. Joseph Goebbels?
26th February 2007 to be precise: -
http://www.nbcnews.com/id/17343814/ns/business-stocks_and_economy/t/greenspan-warns-us-recession-risk/#.V34Y3rgrIUE
original article that day and MANY others.
OK he did not predict worldwide recession, but then he was not the head of the World Bank / IMF only the US government's one.
and
On Sunday, 4 September 2016 21:15:19 UTC+1, Handsome Jack wrote:
> R. Mark Clayton <
notya...@gmail.com> posted
> >On Sunday, 4 September 2016 14:01:57 UTC+1, Handsome Jack wrote:
SNIP
> >> But then, nor did anybody else. At least this shows us what Expert
> >> Economists' predictions are worth.
> >
> >Well apart from Alan Greenspan (then Chairman of the US Federal Reserve
> >Bank) in February 2007
>
> No he didn't.
http://www.nbcnews.com/id/17343814/#.V807xGb6sUE and many others
Check the date Ostrich - February 2007. OK so he only predicts recession in the USA - where he headed the state bank.
>
> >and me and my [FCA] brother-in-law in the summer.
>
> Ah yes. Published?
OK why not here and now - to give you context the discussion is about whether the wheels will fall off the economy : -
> -----Original Message-----
> From: R. Mark Clayton [redacted]
> Sent: Tuesday, September 18, 2007 10:22 AM
> To: redacted
> Subject: Re: Economy
>
> A lot of people are likely to listen to Alan Greenspan!
>
>
> regards
>
> Mark
>
> --
>
> R. Mark Clayton
>
>
>
> ----- Original Message -----
> From: "redacted
> To: "'R. Mark Clayton'"
> Sent: Tuesday, September 18, 2007 8:50 AM
> Subject: RE: Economy
>
>
> >I hope not!. But if you listen to Alan Greenspan - the end is nigh!
> > Regards
> > Perry
> >
> > redacted
> > Director
> >
> > SNIP
> > Authorised and regulated by the Financial Services Authority
> >
> > Registered at the above address in England
> > Company No. snip
> >
> > > -----Original Message-----
> > > From: R. Mark Clayton [redacted]
> > > Sent: 17 September 2007 19:38
> > > To: redacted
> > > Subject: Economy
> > >
> > > Over the weekend, I noticed a lot of wheel nuts on the M1, M2, M3 etc.
> > >
> > > Certainly looked like a trigger event to me.
> > >
> > >
> > > regards
And of course it was and the wheels did fall off (12% contraction). (M1, M2, M3 here are money supply measures)
The most recent trigger event was the leave vote. The market suss'ed it within ten minutes and the pound is still down ten per cent - overall effect on GDP ~-6%.
Brexit ostriches just push their heads further into the sand...
>
> --
> Jack