Ex-Goldman Sachs Analyst: “Major War” Coming End Of 2012

Discussion in 'International Politics' started by average american, Sep 16, 2012.

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  1. average american

    average american Senior Member Senior Member

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    Ex-Goldman Sachs Analyst: “Major War” Coming End Of 2012

    When cycle forecaster Charles Nenner told the Fox Business network yesterday that the Dow Jones was set to collapse to the 5,000 level on the back of a “major war” that will shake the globe at the end of 2012, hosts David Asman and Elizabeth MacDonald sat in stunned silence.

    Nenner, a former technical analyst for Goldman Sachs, is head of the Charles Nenner Research Center, which purports to be able to predict market trends with a computer program based around pattern forecasting and securities analysis. Nenner predicted the stock market and housing collapse over two years before the fall of Lehman Brothers.

    Nenner predicts that the Dow is heading down to just 5,000, a gargantuan drop given that it now hovers above the 12,000 level and only sunk as deep as 6,547 during the lowest ebb of the economic collapse in March 2009.

    On the back of this forecast, Nenner has advised his clients to vacate the market almost entirely.

    According to Nenner, who studies war and peace cycles, the collapse will be initiated by “a major war starting at the end of 2012 to 2013

    » Ex-Goldman Sachs Analyst: “Major War” Coming End Of 2012 Alex Jones' Infowars: There's a war on for your mind!
     
    average american, Sep 16, 2012
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  3. Iamanidiot

    Iamanidiot Elite Member Elite Member

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    The U.S may see social strife or some other country might see some strife but wars can be ruled out.Economy and religion are the biggest tools of war
     
    Iamanidiot, Sep 16, 2012
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  4. blank_quest

    blank_quest Senior Member Senior Member

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    I see war for peace, war for democracy and war for human rights. But at the end war serves none.
     
    blank_quest, Sep 16, 2012
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  5. Hari Sud

    Hari Sud Senior Member Senior Member

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    Dream on!!!! Goldman Sach.

    Dreams like this will hasten Goldman's collapse.
     
    Hari Sud, Sep 16, 2012
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  6. Iamanidiot

    Iamanidiot Elite Member Elite Member

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    Is this the Israel-Iranian war they are speaking about
     
    Iamanidiot, Sep 16, 2012
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  7. Aayush

    Aayush Regular Member

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    If there is a war,there will be peace atleast for the next 10-20 years.
    It will not be US-China,it will most probably be Israel-Iran(which will probably result in Iran's destruction.Bye bye Ahmedinijad ).US-China will not have a major war,something like a Cold war.
     
    Aayush, Sep 16, 2012
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  8. SPIEZ

    SPIEZ Senior Member Senior Member

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    What war was he speaking about???
     
    SPIEZ, Sep 16, 2012
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    W.G.Ewald likes this.
  9. Yusuf

    Yusuf GUARDIAN Administrator

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    It cannot be that major a war which pushes the US economy to the brink.

    Only wars between super powers can do that.
    I don't see the US and china go to war just yet. But yes a "trade war" and trillion dollar debt the US owes to China can be the cause.
     
    Yusuf, Sep 16, 2012
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  10. W.G.Ewald

    W.G.Ewald Defence Professionals/ DFI member of 2 Defence Professionals

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    Many people may have predicted the housing collapse, based on the Community Reinvestment Act passed by the US Congress.

    Community Reinvestment Act - Wikipedia, the free encyclopedia

    The problem was, the purpose of the Act was to get votes for members of Congress, so no realistic analysis was considered.
     
    W.G.Ewald, Sep 16, 2012
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  11. SPIEZ

    SPIEZ Senior Member Senior Member

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    Hunting for BL in afghani mountains with many tomohawks et all has, all modern costly affair for a 2 cent guy hiding with our favourite neighbors
     
    SPIEZ, Sep 16, 2012
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  12. Yusuf

    Yusuf GUARDIAN Administrator

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    Wars actually have a positive Impact on their economy. Just that this time they had real internal issues that led to the recession.come to think of it, it's china which has financed the US war on terror by the size of debt they hold something the US can play around with. But with some consequences.
     
    Yusuf, Sep 16, 2012
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  13. SPIEZ

    SPIEZ Senior Member Senior Member

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    China funding the war makes it a little over the top, but still the bigger question what war are we taking about???
     
    SPIEZ, Sep 16, 2012
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  14. Yusuf

    Yusuf GUARDIAN Administrator

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    It's an indirect way of looking at it. China has bought trillion dollar debt.

    Like I said, it could be a trade war between the US and China within te larger strategic games bein played. Still I don't see guns blazing so soon. China probably has more to loose in a war so soon than the US.
     
    Yusuf, Sep 16, 2012
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  15. SPIEZ

    SPIEZ Senior Member Senior Member

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    With 49% of trade dependent on the USA, I don't see a war between either countries
     
    SPIEZ, Sep 16, 2012
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  16. LETHALFORCE

    LETHALFORCE Moderator Moderator

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    Goldman maybe talking about a Israeli-Iranian war and others allies on both sides?
     
    LETHALFORCE, Sep 16, 2012
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    W.G.Ewald likes this.
  17. Yusuf

    Yusuf GUARDIAN Administrator

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    Again an Israeli Iran war is not going to devastate the US economy. Neither will a direct US Iran war.
     
    Yusuf, Sep 16, 2012
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  18. LETHALFORCE

    LETHALFORCE Moderator Moderator

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    If oil supplies are affected it will impact the whole world economy. This is the biggest leverage that
    Iran has used -threats of closing the strait of hormuz.
     
    LETHALFORCE, Sep 16, 2012
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  19. Blackwater

    Blackwater Veteran Member Veteran Member

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    interesting to see role of thakedar in this war. or may be war on thakedar too
     
    Blackwater, Sep 16, 2012
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  20. Yusuf

    Yusuf GUARDIAN Administrator

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    The OP is very specific about the US.
     
    Yusuf, Sep 16, 2012
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  21. LETHALFORCE

    LETHALFORCE Moderator Moderator

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    what these banks and wall street houses like Goldman have done to the US economy is
    worst than any major war.
     
    LETHALFORCE, Sep 16, 2012
    #20
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