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tezza

Can anyone say that another additional shock and after-shocks could be sustained easily?

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[ Insert List of possible shocks here[1] ]

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* Inflation spike as people incorrectly believe recession over

* Action against North Korea

* Action against Iran

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[1] There is a risk of becoming too much like HousePriceCrash.co.uk and other doom websites (tho I added to the doom)

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There is nothing wrong with doom and gloom, in and of itself. It is only a problem if you turn out to be wrong. In fact, Nouriel Roubini, termed by some as Dr. Doom, turned out to be too optimistic about this downturn, wrongly predicting the Dow to dip only to 7500 when in fact it ended in the 6000s.

I don't know how you feel about counter histories; but, based on the keyword density of your post, I'll go ahead and recommend "The Shock Doctrine, the rise of disaster capitalism" (by Naomi Klien).

I had lots of fun reading this analysis of the fact handling in the Shock Doctrine:

http://www.cato.org/pubs/bp/bp102.pdf

My thesis about life, if I have one, is that idealists lie.

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