Don't get me wrong, I am well aware of Schiller and rate him highly. As I recall he was mocked from pillar to post. My beef is with Robert K saying that he predicted the gfc when he did no such thing.
Take things said on reddit with a grain of salt.
He won't release 70 page novel because it is "no longer me". Yeah, whatever.
Sounds like a time travel plot to movies like "Peggy sue got married" or "17 again" or that other one with Nicholas cage who had a high powered job and was given the...
Indeed, predicting a stock market crash six years before it happened I will leave to you to decide if that has value (assuming he did actually predict it in his book)
A stock market crash is very different to predicting a global financial crisis - I do not remember his voice being one of...
Do you have any evidence that he predicted the GFC other than a news reporter saying so?
I have no recall of this guy being one of the voices saying a global financial crash was about to happen in 2007
Howard would be doing EXACTLY the same thing as Rudd, and Rudd would be the one crying that it was irresponsible.
The Howard government was the most generous benefactor of middle class families EVER. He would be splashing the cash around for sure
I have those red/orangey ants - sugar ants, I think they are called? I think they can give a nasty bite if you happened to sit your hand on one.
Anyone else got those?
Also if his property is in a trust it will make no difference to the bank. They will still repossess it. I think the trickier thing is HOW to get all those assets into a trust. The laws can "see through" a trust if it is setup solely for debt avoidance.
Look if you are truly in dire...
I have been feeling there is something dark just out of reach but coming closer. Scares the hell out of me but I definitely feel something bad is coming
You may have just sold at the bottom.
I predict a rally today and can just smell a major rally in the coming weeks with panic buying as everyone piles back in. The market is just looking for an excuse (any) to rise.
DOW up 150 this morning.