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What date will the 2020 Financial crash be?
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    Posted: 27 Jul 2020 at 11:06am
Originally posted by nvidic nvidic wrote:

Originally posted by Yiksheemash Yiksheemash wrote:

i'd say we are already in the resession. all of 2021 major commerical construction in Cork put on hold. know of at least 6 major projects in the City on hold. 

Was out in Cork last night and you wouldn't know, was packed everywhere, couldn't get a walk in to three pubs/bars we tried, we'd booked into two before that and they didn't take walk ins either. 
Here's to Apple Computers, the cause and the solution to all of Cork's problems.
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Originally posted by Yiksheemash Yiksheemash wrote:

i'd say we are already in the resession. all of 2021 major commerical construction in Cork put on hold. know of at least 6 major projects in the City on hold. 

Was out in Cork last night and you wouldn't know, was packed everywhere, couldn't get a walk in to three pubs/bars we tried, we'd booked into two before that and they didn't take walk ins either. 
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i'd say we are already in the resession. all of 2021 major commerical construction in Cork put on hold. know of at least 6 major projects in the City on hold. 
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A lot of big companies in America have their Q2 results this week.
- Amazon, FB, Google, MCD etc
It’s a big week for the stock market and election.

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Thing is, he's thrown so much money at it and given so many bailouts at this stage that everyone knows there's not much chance of things going bankrupt, so I reckon most people will stay invested in the big things. Of the S&P currently, the prices are being propped up by the top 5 companies (Amazon, Netflix, Google etc), the rest of the market has had more of a shock than it appears on the surface.
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Surprisingly the US markets haven’t crashed like they should given the global recession we are about to face.
Amazon is actually at an all time high.

Massive fiscal and monetary stimulus have kept the markets up but the jobless numbers in the US are incredible. Over 20M people claimed filed for unemployment in the last month.

Trump will no doubt keep throwing trillions of dollars at this until the election but you can’t print money indefinitely.

The crash will come soon.

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Originally posted by Gashley Grimes Gashley Grimes wrote:

I don't want to see my pension statement.
 
If you are still under 50 now is the time to start upping any AVCs if you can.   Cheap to buy stocks at the moment and given the long horizon of your pension, they should be good value when you come to retire.
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I don't want to see my pension statement.
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My thoughts are with the bankers at this difficult time.
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All stock markets down around 10% today.
Biggest one day drop since black Monday.

We’re heading into a recession.

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This has been coming a few years at this stage, Coronavirus just sped things up. Don't think people will be caught out as badly this time. No huge personal debt for individuals to worry about.
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Looks like this crash could be equivalent or even possibly worse than 2008. The great question will be- did everyone learn the lesson of the 2008 crash or has there been recklessness which will become apparant in the next few days or weeks which will see us all fcuked again.
Walters coming back from an offside position but Shane Long was definitely onside- Shane Lonnggggggg.... has done it!!!!
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S & P 500 on the opening bell Shocked
Eamonn Dunphy:"I'll tell you who wrote it, Rod Liddle, he's the guy who ran away and left his wife for a young one".

Bill O'Herlihy: Ah ye can't be saying that now Eamonn
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people have stopped spending can see in our business for the last three weeks far quicker than 2008. Cash flow will be the problem for loads of businesses who won’t be able to pay their bills and staff very soon.

Politicians need to cop the f**k on very quick a national government has to be formed no time for shadow boxing and another election. 
One City,One County,One Club GUFC will be back.
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@CNBCnow
Dow set to plunge more than 1,300 points at today’s open; S&P 500 and Nasdaq also set to tank more than 5%
Eamonn Dunphy:"I'll tell you who wrote it, Rod Liddle, he's the guy who ran away and left his wife for a young one".

Bill O'Herlihy: Ah ye can't be saying that now Eamonn
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Originally posted by Bob Hoskins Bob Hoskins wrote:

It's a comin Shocked

I'm going for Patty's Day - The day the Leprechauns piss in their pot of gold 



This could happen soon - a massive sell off today.

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Originally posted by Bob Hoskins Bob Hoskins wrote:

It's a comin Shocked

I'm going for Patty's Day - The day the Leprechauns piss in their pot of gold 


 
On Sunday 02/02/20 Trump nukes Berlin, Putin rolls the tanks in from the east in an audacious pincer movement. Financial markets crash next day. 
 


Edited by colemanY2K - 10 Oct 2019 at 1:28pm
"One of the dominant facts in English life during the past three quarters of a century has been the decay of ability in the ruling class." Orwell, 1942.
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hopefully the crash wont affect the Nations League play off dates
Romario 2016: And the ticket mafia gets caught! Well, four years ago I had already told the government.
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