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Bulls gone AWOL, a sign the game is up? They've seen the writing on the wall?
Topic Started: 7 May 2014, 11:25 AM (19,791 Views)
Black Panther
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Shadow
10 Oct 2014, 11:32 AM
I'm still around, but it's got kind of boring now. The bulls clearly won, so what more is there to debate?

Sydney house prices are up 30% since 2012, and up more than 50% since 2008 when Steve Keen promised a 40% crash.

The bears have failed quite spectacularly. They aren't even arguing for a crash any more... now it's just endless whining about how unfair everything is, and how we should ban negative gearing and introduce 'macroprudential' to cool the market etc etc. Or else we have idiots like MMM/Ted guest posting to convince us they made the right move selling property in 2012 and piling into gold... 'it's not rocket science' he says, after losing over half a million dollars on that property to gold trade, so we should all follow his share trading advice now... :re:

I was always more interested in debating the facts, rather than what should've would've could've been in some alternate reality.

The bulls won and the bears lost. It's over.
Exactly Right!

And how Lamentable it is for the defeated losers to pretend otherwise. Perthite I am looking at you.
Edited by Black Panther, 10 Oct 2014, 11:40 AM.
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Dr Watson
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The burden of proof is now on MacroBusiness. They are the ones who need to keep making their case. Can they deliver?
The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt — Bertrand Russell
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Trojan
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Elastic
10 Oct 2014, 10:59 AM
I really do miss Strindberg's sense of humour around here though. Barrel of laughs.


The fact that they haven't stuck around to gloat would indicate that they were paid astroturfers.
Hahaha ... must have been money well spent since they somehow talked the whole Australian property market up enough to not only prevent a 40% crash but it gained 50% in Sydney since 2008 instead!

Imagine if the US, ireland, etc invested a few dollars in property astroturfers instead of the trillions spent on QE, they could have prevented the GFC :lol
Edited by Trojan, 10 Oct 2014, 12:05 PM.
I put trolls and time wasters on my ignore list so if I don't respond to you, you are probably on it ....
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skamy
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:D
Definition of a doom and gloomer from 1993
The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
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newjez
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Shadow
10 Oct 2014, 11:32 AM
I'm still around, but it's got kind of boring now. The bulls clearly won, so what more is there to debate?

Sydney house prices are up 30% since 2012, and up more than 50% since 2008 when Steve Keen promised a 40% crash.

The bears have failed quite spectacularly. They aren't even arguing for a crash any more... now it's just endless whining about how unfair everything is, and how we should ban negative gearing and introduce 'macroprudential' to cool the market etc etc. Or else we have idiots like MMM/Ted guest posting to convince us they made the right move selling property in 2012 and piling into gold... 'it's not rocket science' he says, after losing over half a million dollars on that property to gold trade, so we should all follow his share trading advice now... :re:

I was always more interested in debating the facts, rather than what should've would've could've been in some alternate reality.

The bulls won and the bears lost. It's over.
According to skamy nothings changed since 2007, so what victory?
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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stinkbug
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Trojan
10 Oct 2014, 12:04 PM
Hahaha ... must have been money well spent since they somehow talked the whole Australian property market up enough to not only prevent a 40% crash but it gained 50% in Sydney since 2008 instead!

Imagine if the US, ireland, etc invested a few dollars in property astroturfers instead of the trillions spent on QE, they could have prevented the GFC :lol
:D

Well played!
---------------------------------------------------------------

While it's true that those who win never quit, and those who quit never win, those who never win and never quit are idiots.

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Strindberg
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Dr Watson
10 Oct 2014, 10:41 AM
I'd venture that they've departed because their victory is complete. There's no need for them to argue their cases anymore because the crash didn't happen.
Correct. I began posting on this subject on fairfax's cracker forum circa 2003/4. My posting has always been to address the bubble/crash predictions which were often presented as fact. In 2003/4 the crash predictions were much more widespread than they have ever been since. I enjoyed sparring and exchanging data and thoughts with intelligent bears like FHB (he was around on cracker & GHPC), Foundation (GHPC c2005-2009) and Hired Goon (also GHPC c2005-2009). The small price falls around 2008, coupled with Steve Keen's doomsday predictions, provided a nice basis for enjoyable polarised discussion. The bears were filled with certainty that a crash had begun in 2008 and GHPC members celebrated with organised piss-ups in various cities.

But the already claimed crash of 2008 never happened. The result was that by 2009 the brighter bears either disappeared, changed their ids or capitulated and bought a house having missed the low point of 2008.

There have been a few brighter bears since then but they have mostly disappeared or bought a house. The remaining bears are mostly dumb. There's not much point or pleasure in discussing anything with such losers.
Housing costs to Income broadly unchanged since 1994 - re-ratified here
The People of Australia have the highest median wealth in the World
2002-2012 10 year house price growth the SLOWEST since 1952-1962
"There are two kinds of people in this world: ones that fiddle around wondering whether a thing's right or wrong and guys like us." (Hugo to Gagin in Ride the Pink Horse)
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barns
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As mentioned by Shadow, it has become very boring.

There is really nothing left to debate and all the old school bears such as earthsta and raveswei have long since departed. The only bears left have absolute no clue. They should really be required to read the last 4 years of posts on the forum before they are allowed to add anything themselves as it's all been said before (and usually much more articulately).
Edited by barns, 10 Oct 2014, 03:21 PM.
“You Keep Using That Word, I Do Not Think It Means What You Think It Means” - Inigo Montoya
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Strindberg
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Elastic
10 Oct 2014, 10:59 AM
I really do miss Strindberg's sense of humour around here though. Barrel of laughs.
Yes, my regular exposures of the utter cockups of Chris Becker, LVO and DLS were pretty hilarious. I believe they introduced the MB paywall purely in an effort to thwart the piss taking they were getting from me.
Quote:
 
The fact that they haven't stuck around to gloat would indicate that they were paid astroturfers.
Yep, that must be it. My posts were so effective that I was being paid. Sure I was.
Your comment really does confirm my point above regarding the cerebral status of the remaining bears.
Housing costs to Income broadly unchanged since 1994 - re-ratified here
The People of Australia have the highest median wealth in the World
2002-2012 10 year house price growth the SLOWEST since 1952-1962
"There are two kinds of people in this world: ones that fiddle around wondering whether a thing's right or wrong and guys like us." (Hugo to Gagin in Ride the Pink Horse)
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Blondie girl
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I'm about to go to sleep with this bull & bear exaggerated emphasis in PI.

I found more interest in how this "bullion baron " set up this blog describing his thoughts about some of you bull & bears who have yrs of posting games.

Some of you have been described as nutters.
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$
It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged
Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do.
Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
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