The Great International Depression of 2008 & Beyond /

Technical analysis is something else. Huge textbooks are written on it. Every zig-zag has a name. And if you are wrong then what looked like a head and shoulder top can now b
e more easily seen as a rising bowl bottom.

A famous guy who believed in waves was a Russian who was spot on and a genius. Unfortunatly he was not to glick and he predicted to Stalin that tough times were ahead. He was right for the last time as Stalin did not like bad news and he sent him to Siberia where he turned into an ice-pop.

http://en.wikipedia.org/wiki/Nikolai_Kondratieff

How the hell did America lose 500,000 jobs in November youngdan ? In the first week of December you've lost 34,000 jobs already according to a ticker on that CNN video I just posted on the Vehicles thread.

I can see the point about 2 or 3 million jobs going if the Auto Industry was allowed to fail but I don't think bailouts are the answer.

You have got to remember Audi that all the money you hear about
is being funnelled in at the top. Meanwhile at the bottom everyone is flat broke. From mid Sept. spending just dried up. The economy is a dead man walking.

Dinosaur juice at 1.57 a gal down from over 4 dollars. Says it all.

Any sign of riots back there in Clare. At least you are looking forward to the sausage returning. Told you it was horseshythe.

No riots but plenty of demonstrations. I don't think I've seen so many demonstrations about local issues like education, farming and the hospital for a long time. Usually demonstrations happen in Dublin and are about America leaving Iraq but I suppose people feel squeezed here from all angles so they're taking to the streets in one shape or another.

It looks like the Govt. might do a U-turn on the farm changes that happened to Clare farmers. Apparently Clare farmers get special treatment because we are very good-looking but sometimes we get some extra dosh because our land is feckin shyte (it's ok to say feck now).

Farmers here were going to lose upto 2 grand a year in grants and supports but they're threatening to vote FG en masse and apparently the County would implode if there was no FF people here so these subsidies might return.

Clare People is a good read for a local paper - "Clare Disadvantaged County"
http://www.clarepeople.com/index.php/This-Weeks-News/clare-farmers-protest-at-new-measures.html

This German or Austrian youtuber is good I think. I watched some of his shows from the earlier part of the year and he predicted the banking trouble we saw later in the year. He works in these markets as a buyer I think. Pity he doesn't go on about the German economy a bit more but here he is predicting a massive sell-off of stocks in the New Year. With his German accent and logic he is telling you that there will be chaos the way he would tell you how you would defrost the windows of your car or a fridge.

He also mentions Greece riots.