Billionaires think 90% drop off possible in stock market | TigerDroppings.com

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LSUIEGRAD13
Member since Jan 2011
3939 posts

Billionaires think 90% drop off possible in stock market





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Doc Fenton
LSU Fan
Member since Feb 2007
51086 posts

re: Billionaires think 90% drop off possible in stock market




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foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
30534 posts

re: Billionaires think 90% drop off possible in stock market


You can find breathless predictions about how the world will end anywhere. Usually someone is trying to sell a book.





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dagrippa
LSU Fan
Saigon
Member since Nov 2004
2139 posts

re: Billionaires think 90% drop off possible in stock market


Newsmax is almost always the source when it comes to stirring my dad up into a frenzy of paranoia.





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dewster
Maryland Fan
Member since Aug 2006
9247 posts

re: Billionaires think 90% drop off possible in stock market


quote:

One such person publishing this research is Robert Wiedemer, an esteemed economist and author of the New York Times best-selling book Aftershock.....2006, Wiedemer and a team of economists accurately predicted the collapse of the U.S. housing market, equity markets, and consumer spending that almost sank the United States. They published their research in the book America’s Bubble Economy.


From your link.

It's a pitch for a book.



This post was edited on 2/25 at 9:15 am


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Vols&Shaft83
Georgia Tech Fan
Member since Dec 2012
18739 posts

re: Billionaires think 90% drop off possible in stock market
















COME ON, SONNNNNNN







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tirebiter
LSU Fan
ATL
Member since Oct 2006
5244 posts

re: Billionaires think 90% drop off possible in stock market


quote:

Wiedemer and a team of economists accurately predicted the collapse of the U.S. housing market, equity markets, and consumer spending that almost sank the United States. They published their research in the book America’s Bubble Economy.


What has he accurately predicted the past 6-years?






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AUsteriskPride
Auburn Fan
Hunstville, AL
Member since Feb 2011
11448 posts

re: Billionaires think 90% drop off possible in stock market


quote:


What has he accurately predicted the past 6-years?



That's kind of hard with little corrections due to action by the FED, no?






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