Well, I was wrong. The Union didn't lose a member state by the end of 2012. Central banks were able to plug holes all the way to 2016, an amazing feat in and of itself. Trolls rejoice.

But now here we are. How many nations' parties are already vowing to follow UK's lead? Five? Six?



-----------------------------------------------

Predict the S&P and/or the Dow by the closing bell Friday. Go.

Predict the first country to follow UK out the door. Go.

It was a country leaving the Eurozone wasn't it Jiggs?

The people is always right?

OK, that was the playing time. Now back to business, UK being an 'EU member' without a vote.

Bad examples are not meant to be followed.

That wouldn't be so horrific if it's the outcome. We have so many opt outs we barely deserved a vote.

I had to dig deep but it was worth it. Posted in 2010:
Congratulations Jiggs for another accurate prediction! I hope that chezlaw will act like a decent person and admit that he was wrong.

lol Jiggs

Lololololo, remember last summer when you said the S&P was headed for 1700 and you were dead wrong? Tell ya what, you tell me your prediction for where it's headed and we'll see how that pans out.

lol Jiggs, now and forever. Good thing you don't have any actual money to trade or you'd have lost your shirt.

lol jiggs.

Bragging you are right even though the Brits left the EU out of Islamaphobia isn't a good look.

Islamophobia is caused by peak oil---future Jiggs Casey post

I predict S&P will close around 2030 by closing.

LOL

I am right. And Islamaphobia is only a small demographic behind the vote. The much greater cause? No one is confident of the EU's sustainability, nor in the rigged business-as-usual model of inequality.

It will be interesting if/when Scotland demands a new vote on independence. We've truly entered into a paradigm of "every nation for itself."

LOLOLOL... i remember it dropping 240 points to 1,867 right after you trolled about it, and you were concerned.

It is interesting watching some of you establishment fanboys clamor about the resilience of markets amid years of $85B monthly government bond buys, TARP, QEx and perpetual ZIRPiness.

Oh, wait... I forgot.... Government is just another player in the free market.

And then it rebounded back up to 2100, and when I called you out for being wrong you whined about how the numbers are meaningless because the lizard people are manipulating the market. Anyone who listened to you and panic sold would have lost their shirt.

So what's your prediction Jiggs? How far can we expect the S&P to plummet in the weeks to come? Let me know so I can do the exact opposite of what you recommend.

LOL.... Dear Drama Queen: When have I ever once told anyone here to sell? I'm on record insisting trolls like you keep your money right where it is.

That depends on a few thousand other factors, now doesn't it? I'm not exactly a Gold Bug, but serviceable metals like silver and platinum remain my preference.

But barring a deeper recession, oil price should be on the rise to $75+ by this time next year. It's really just been a storage glut, and that is rapidly easing.

Jiggs,

Do you know how often the market corrects 20%?

On August 24, 2015:

Sell, sucka! Except maybe not, because....



Congrats on picking almost the absolute worst possible time to sell! Some people spend enormous amounts of time using candlestick charts and other mumbo-jumbo to try to time the market, you managed to 360noscope the bottom like a champ.

And now that the S&P is down 3%, you're in here jizzing your pants once again and predicting the end of the world. lolJiggs, now and forever!

He is right this time. The euro is totally ****ed. Predicting within 10 years only the core french/germanic/leftist-vikingstates remain.

Let's be real. The UK did all of Euro a favor at their own expense. There was no way for failing countries to leave or recover in anyway. Now that the donor nations realize it is a **** deal for them too (3 mill immigrants from EU to UK, while only 1.5 the other direction), the broke countries will have nowhere else to work. You guys can hate on the torys trump IKP or w/e, but THIS DEPRESSES LOCAL WAGES. It isn't ****ing rocket science. In the long run the countries that are doing well will have wages reduced by immigration, meanwhile the poor countries become skeletons owned by german banks.

What could possibly go wrong????? Good riddence to what might make some people feel warm and fuzzy but was horribly executed and quite frankly, euros didn't have the will to succeed together (5 years ago when south euro exploded).

Of course... But what's unprecedented, as I think I've made clear a few dozen times now, is the desperate lengths your heroes are going to bail water. I listed it right in the post you quote, but it still seems to escape trolls like you.

It's an aspect of this never-ending discussion that your side absolutely never seems to acknowledge. It's pretty clear why.

You don't get to troll away with same-as-it-ever-was sentiment when you can't admit to the accounting tricks being played with the world economy. I mean, you can... But not without sounding completely ******ed.

These wouldn't be mere "20% corrections" if central banks didn't paper over the problem as long as they could. No one here argues against that notion, and with good reason.

It's a policy trolls like you probably favor: Energy prices dragging the economy? No problem. Print up, bail out, buy our own bonds... let smaller countries be at the vanguard of collapse, while elites stack sand bags. Unfortunately, no nations are ultimately escaping net energy depletion. And no "new" technology is on the horizon to fix the predicament already well underway.

The EU has begun to fall apart. Venezuela is rioting. Greece is ruined for generations. Brazil has entered a state of financial emergency (with the Olympics 5 weeks out). Italy's sinking banks could fold any week now. China's growth has slowed 35-40% with no end in sight. Japan's Keynesian desperation has about run its course. U.S. oil production, the only thing keeping global output growing since conventional oil peaked a decade ago, is now in free fall. American infrastructure has been abandoned. ... I could go on and on and on.

I mean, seriously: At what point does this gaggle of privileged white males (who spend most of every hour of every day on a poker troll subforum) face reality and actually admit that the global economy is very sick and no established remedies are working?

Half of you insist the patient isn't sick. The other half of you know it's sick, but can't get the diagnosis right. It would be comical, but the stakes are affecting all 99.9% of us sooner or later.

+100000 how many news papers have like THANK BRITAIN FOR FINANCIAL APOCALYPSE as their headline today? lmao. Before it went down every major (bank bought) leader was like 'oh noooesss not the kryptonite.'

Protip guys, when the far far left and far far right agree on something and every corporate news paper fudges the poles by 15%, its not hard to figure out whats up.

Lol Jiggs. A decade of being wrong and still plugging

How about some optimism?

lol

Venezuela is rioting because there's so much goddamn oil in the world that the price has plummeted, and Venezuela, who relies on oil revenue for much of their socialist loltopia, are going broke.

Surely the irony isn't lost on you that this is the exact opposite of the peak oil nonsense you've been espousing for years? Surely this can't be lost on you. Right?