World Economy to Collapse in 2030
- Thread starter An drew
- Start date
Any how said.... :bsmilie:
Because of this prediction.... I intend to go get Canon's 1Dx with a 3 year installment plan... play for a few months... World comes to an End... Installments no need to pay... :bsmilie:
Imho gold, silver or platinum have no intrinsic value, commodities are more practical.
Thanks for your tip, I think this is the best course of action.
Another question, if the world economy collapse do we still have to settle our property mortgages?
If the loan amount more than valuation price, they might do margin call, just like sub prime in US, if not they will die
Sion
Senior Member
Yes. Before we worry about the next world depression we better worry whether we can find a urinal for our next urgent need.
You don't want to have to do it in the bush and get bitten by a snake.
Sion
Senior Member
Thanks for your tip, I think this is the best course of action.
Another question, if the world economy collapse do we still have to settle our property mortgages?
There will be no mortgages as we'll be living in a tent on Punggul Beach.
We'll be having long hair as there'll be no more barbers.
There'll be Liberation as we can be wild men and go around chasing after female IT sales executives openly.
If the loan amount more than valuation price, they might do margin call, just like sub prime in US, if not they will die
Thanks for all your replies.
Let me think which is a more likely scenario. :think:
Read an article by Robert Kyosaki recently who predicted the world economy will collapse in 2016 when a certain US bank will go, China becomes stagnant etc.
To be honest, I think the property values in developed Asia has grown too much to sustain & fueling inflation. Recession won't hurt the poor. It's the middle-class like us that's going to suffer.
To be honest, I think the property values in developed Asia has grown too much to sustain & fueling inflation. Recession won't hurt the poor. It's the middle-class like us that's going to suffer.
This guy is the Ken Rockwell of the finance industry. Whole load piece of crap. He forgot to mention that when the economy collapsed as he predicted, he will earn more millions holding "feel good" seminars, selling more "feel good" books, after which his readers and audiences will go back to their old state within a week or 2. And boy does he have loads of supporters, who are still stuck in the same old job year after year even after attending his "life changing" talks :bsmilie:
start your own biz. small biz also can as long as it earns u dough for 3 meals and expenses. that way u need not fear retrenchment
since ression will not hurt the poor but only middle class like you. there is a way to escape, give me all what you have now and downgrade from middle class to poor. I would take yours suffer.
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