Financial Crash
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- 74 Responses
- F_180
correction- yes, and its a good thing. stocks are cheap as hell and real estate is now attainable again. recession - more than likely, and this isn't necessarily a bad thing either. recessions are usually short - 1 to 2 years, and the economy almost always ends up stronger afterwards. depression - doubtful, but always possible. the world economy is still very healthy, despite some shakiness here. that really translates into opportunities across the globe to people who wish to pursue them. we need to stop thinking that the USA is still the only economy that matters. it isn't.
- ********0
hope you cashed out pal
http://www.physorg.com/news10922…
- Drno0
couldn't get any better
- exador10
"Why is everybody relating this crisis with Iran?"
Witt
--------------------------
because there is NOTHING quite like a good war or whatever, to
a) stimulate the economy.. and
b) get everyone's mind off this whole 'recession/depression' thing which is a real downer....so the obvious choice is to bomb the living fuck out of someone PRONTO
:)
- OBBTKN0
Time to start eating iodine tablets??
OBBTKN
(Sep 17 07, 07:16)can't we flee to the mountains?
Witt
(Sep 17 07, 07:20)Call me paranoid, but i´m since a long time harvesting my own orchard...
...near to the mountains ;))
- ********0
Time to start eating iodine tablets??
OBBTKN
(Sep 17 07, 07:16)can't we flee to the mountains?
Witt
(Sep 17 07, 07:20)Call me paranoid, but i´m since a long time harvesting my own orchard...
...near to the mountains ;))
OBBTKN
(Sep 17 07, 09:33)ah! now that you mention it - have you ever drived up from Cangas de Onís (Asturias) through Los Beyos Pass to Oseja? There's a small pueblo called Vegabaño - well I be damned ;)
- Drno0
- Bluejam0
"As long as there have been banks there have been crises of confidence - and some were truly spectacular, as Jon Henley reports..."
- ********0
back to the 20's!
- ********0
more of a recession than a crash. as long as the media stop trying to whip up panic.
- ********0
aren't you part of it, kuz?
- ********0
umm, well, i guess i am... stop feeding the machine!!
- TheBlueOne0
" Dollar weakness intensified in continued reaction to comments from Saudi Arabia's Central Bank Governor Hamad Saud al-Sayyari who told Reuters on Wednesday that the bank would hold back from matching a U.S. interest rate cut.
"The news gives another justification to sell the dollar and it comes at a time of negative dollar sentiment," said Niels Christensen, FX strategist at Nordea in Copenhagen.
The move could herald further weakness as it shows that the dollar's status as a reserve currency is in question, analysts said. "This could lead to lack of confidence on the dollar as its role as a reserve currency is being put into question, which is also supporting the euro."
- Drno0
god i hate beeing wrong