Anyone read the German book, der grösste crash aller zeiten ?

[JohnSeed]

Hi,

In the newspapers I just read about the German bestseller authors Matthias Weik and Marc Friedrich which published the book with the titel, Der Grösste crash aller zeiten!

I'm good in reading German and have ordered the book online and hope it will arrive soon, but what are your thoughts about the content of the book, do you believe prophecy of these two?

Here is the link for you that don't know about this book

 

[JohnLocke]

Let's hope these guys are wrong. Maybe the winter is coming but I hope we‌ are all prepared once it hit us ns2

 

[Artemis Eleutheria]

Yup they are wrong‌ ... it will be much worse troll¤##

 

[JohnSeed]

Well I'm afraid this is not taken out of the blue and there is some‌ true in it. There are many of the financial gurus in this world that have‍ predicted the dark future of the financial markets.

 

[Silvio]

So many gurus are predicting a crash for years... e.g. Peter Schiff that kept losing‌ more and more money while calling for the crash.

As long as the FED keeps‍ printing money while keeping interest rates low, ECB keeps interest rates negative and big corps⁠ keep doing stock buybacks, the bubble will keep growing...

 

[JohnLocke]

As you say, it is a bubble one day or another it has to go‌ to explode! The total world dept is 250 billion $US it can't be good for‍ the economy.

 

[Silvio]

Well it's bad if you are saving money or sitting on cash.
It's good for‌ anybody that is in stocks or real estate as the low interest rates cause these‍ to gain in value significantly.
So poor people get robbed by inflation while rich people⁠ see their holdings skyrocket by doing nothing, courtesy of the central banks ...

 

[JohnLocke]

I just got my copy of this book. I read on different international media that‌ no one is trusting the authors of this book and believe they are nothing more‍ than hot air. Anyway I have to read it, thanks for making me aware of⁠ it OP 😉

 

[clemens]

Looks like these guys in Germany had a grant of prediction power, it looks like‌ the markets are all low and the first companies already crashed!

 

[uplana]

If you follow the media thye speak the truth in the book! Just look at‌ the world now, forward two or 3 month from now and you will see the‍ world is following the pattern in the book!

 

[avalanche]

Is there any English translation?

 

[JohnLocke]

I have not found a English version but was able to read it in German,‌ maybe there is a online version of it or someone with the right skills is‍ able to translate the context of this book.

 

[chuck]

For anyone still looking, there is now a translated version on Amazon, Barnes & Noble,‌ etc.