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US economy powers to 3.7 percent growth rate in the second quarter
Topic Started: 31 Aug 2015, 10:33 PM (3,303 Views)
The Whole Truth
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Mike is a great contrarian investment advisor. Just take whatever he says and go with the opposite and you'll have a gain.
"Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works." John Stuart Mill
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newjez
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The Whole Truth
18 Sep 2015, 01:24 PM
Mike is a great contrarian investment advisor. Just take whatever he says and go with the opposite and you'll have a gain.
If mike was such an economic master mind he would have made money out of that prediction. He has never stated anywhere that he has. Probably because he makes the 'prediction' after its bleediingly obvious and there is no money to be made.

All the Perth bulls told me to sell in the UK and buy in Perth. I am looking at 40% increase in property in the Brighton area compared to zilch in Perth, and 30% increase in the value of the pound over the aud. Me and people like hoofarted have made an absolute killing despite the crap 'advice' from the bulls on this forum.

Quite unbelievable.

Well at least mike changes his tune after he is obviously wrong. Some Perth bulls don't even do that.
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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Mike
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Gossamer
18 Sep 2015, 11:45 AM
Not this month. Or this year.
They will rise soon, this year
http://mike-globaleconomy.blogspot.com.au/
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Sydneyite
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The Whole Truth
18 Sep 2015, 01:24 PM
Mike is a great contrarian investment advisor. Just take whatever he says and go with the opposite and you'll have a gain.
It's a bit like you! Whenever you get excited about a stock market fall and start getting excited about doomsday and so on, it seems to always be the absolute bottom of any current sell-down, and a great time to go long! In fact, I think you did it again today with the ASX! http://australianpropertyforum.com/single/?p=8578842&t=10358904 - You even timed it to the minute! :lol
Edited by Sydneyite, 18 Sep 2015, 04:43 PM.
For Aussie property bears, "denial", is not just a long river in North Africa.....
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The Whole Truth
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Ahhhh, looks like I have gotton under skin at last sydneyblight. Good good. See you on the next thread.
"Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works." John Stuart Mill
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Loki
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Mike
18 Sep 2015, 04:26 PM
They will rise soon, this year
Delicious. Another Mike prediction.

What does Kocherlakota know anyway?


“Talk sense to a fool and he calls you foolish.” - Euripides
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newjez
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Loki
18 Sep 2015, 06:56 PM
Delicious. Another Mike prediction.

What does Kocherlakota know anyway?
Either they rise this year and destroy the eastern economy, or the eastern economy is so destroyed they can't be raised.

Either way it's win win.

Either way Australia is fucked.

Makes no difference to me.
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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Loki
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newjez
18 Sep 2015, 07:14 PM
Either they rise this year and destroy the eastern economy, or the eastern economy is so destroyed they can't be raised.

Either way it's win win.

Either way Australia is fucked.

Makes no difference to me.
"Eastern economy"? East Coast US or The Far East?


“Talk sense to a fool and he calls you foolish.” - Euripides
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newjez
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Loki
18 Sep 2015, 11:14 PM
"Eastern economy"? East Coast US or The Far East?
Australasia, Far East, Greater Asia, south america - that bit of the map is fucked.
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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Loki
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newjez
19 Sep 2015, 01:00 AM
Australasia, Far East, Greater Asia, south america - that bit of the map is fucked.
Interesting. I thought dollar strength equaled export strength for the east.

How does dollar strength fuck the eastern economy?


“Talk sense to a fool and he calls you foolish.” - Euripides
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