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Wednesday, December 28, 2011

"FTSE will crash in 2012" predicts leading analyst''

read more from london loves business....


The market in UK/US will crash
"Germany, France and Italy crashed in 2011. The US and UK didn’t. The FTSE and Dow teetered and tottered but didn’t fold. In 2012 they will. Maybe it will be in April/May when giant developing world countries bloated with western currency put on their hedges and readjust their vast stashes of cash, or maybe it will just kick off randomly. To avoid a crash, the whole sorry credit crunch saga will need to be over. That seems like a dream we are likely to wake up from in 2012 with a nasty jolt. There are 3-5 years of economic lumps and bumps to get through and a US/ UK stock market crash is likely to be one of those bumps."

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