Market to crash next 2-3 years despite unnatural bailouts

Market could get worse after interval rallies and "Asia will eventually lead the world out of crisis sometime in the next two to three years," said Aaron Smith of Superfund Financial.
Edith Touin, vice president from ABN Amro Private Banking (Zurich) agrees with Smith, saying they're still underweight on equities.
They both continue to discuss market strategy and whether to go into defensive sectors like Healthcare.

Category:

News & Politics

Tags:

• aaron
• lee
• smith
• superfund
• managed
• futures
• gold
• oil
• Obama
• Hillary
• Clinton
• Money
• Politics
• Dollar
• economy
• crisis
• bailout
• recession
• housing
• bubble
• stock
• market
• wall
• street
• Great
• depression
• yen
• euro
• mortgage
• banks
• Global
• Economic
• Meltdown
• America
• trends
• for
• 2009
• Max
• Keiser
• US
• Treasury
• Bonds
• dollar
• china
• financial
• decline
• collapse
• meltdown
• federal
• reserve
• Peter
• Sciff
• Jim
• Rogers
• capital

[Mulfia]

Heh, you think it is bad now? Just wait for that hyper inflation to bludgeon are already weakened dollar within the next two years. Printing up mass amounts of notes does have a consequence. :P

[polpotlives123]

There is a silver lining to every black cloud..I love traveling to central amarica and eastern europe..I have seen that the poorer folks get the contries females turn to prostitution...The supply now is higher then demand..driving the cost down down down for well off retired guys like me that love to bang fine whores..

[jeffthecoder]

@chiladin I always like to do things one day at a time, it makes everything much more manageable that way. Many people look to govt figures to "create jobs" when the reality is that politicians don't create jobs. People do. Like in your case, it is much better to create a job then to struggle to find one. Good luck with the MBA.

[chiladin]

@jeffthecoder I don't live in fear I live in hope and faith that tomorrow wil be a better day. I'm black I grew up in the ghetto, got out, got my BS degree and i'm working on my MBA and I own a business. Black people have always lived in a depression and nobody cared until all these lower middle and middle class white folks started loosing their job. 

[jeffthecoder]

@chiladin still think that?

[chiladin]

@shigatsuningen This is why I don't pay attention to conspiracy theorists.lol.It's 2 years lata and the world is still moving and people are still making money. Fuck the economy that shit has NOTHING to do with you these people just like to play on fears! 

[MrNeo2001]

The recent news about CEO's being forced by the Gov't to take 90% pay cuts is just to prepare everyone for the next wave of bailout cash as these institutions continue to cripple.

[shigatsuningen]

It will break by September - October 2009!!! No f-ing 3 years needed.

[fstwrtr]

yeah people, don't get to excited just because a little blip on the screen shows life.. it's just nerves of a dieing market.. Move on to Gold. and hard assets

[dankeschone]

As hyperinflation hits and the 13 Trillion in debt and interest comes due, gold is the last bastion of currency. Nobody looks for buried paper. Countries come and go, but gold/silver maintains it's value.