Global Financial Crisis (1 Viewer)

bigboyjames

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Welcome to the cutting edge of Capitalism .... Bear Strens, Fannie Mae, Freddie Mac, Lehman Brothers - watch them fall one by one.

Will Citi be next ?

http://www.abc.net.au/news/stories/2008/09/16/2365889.htm
Australian stocks have fallen with investors fearing the US financial crisis will worsen.

Stocks on Wall Street plunged overnight after the collapse of investment banking house Lehman Brothers and the sale of another major player, Merrill Lynch.
 
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Iron

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I heard from someone attractive that today was the single largest fall since the beginning of the Great Depression

THE WORLD WILL HOLD ITS BREATH
 
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Exphate said:
BRB Putting all my money under my bed.
I think gold is a better option personally...the under-the-bed-solution is screwed if inflation explodes
 

banco55

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Iron said:
I heard from someone attractive that today was the single largest fall since the beginning of the Great Depression

THE WORLD WILL HOLD ITS BREATH
What? It fell 20 % + in 87 in one day?
 

Iron

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banco55 said:
What? It fell 20 % + in 87 in one day?
As I say, the person was attractive. Other than that, I cant back it up. I think she was vomiting an Obama line about the crisis in general
 

A High Way Man

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In other news, a new RUSSIA-CHINA-IRAN ALLIANCE HAS FORMED AHHHHHHHHhh IM GOING TO WAR soon
 
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Iron said:
I heard from someone attractive that today was the single largest fall since the beginning of the Great Depression

THE WORLD WILL HOLD ITS BREATH
Yes, but the Fed hasn't artificially restricted the money supply, so there won't be a depression.
 

zstar

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It's a never ending death spiral towards economic collapse.

I will say this that 90% of American banks will fail maybe over the next 2 years or even less.

I think everyone should brace themselves for financial Armageddon.

Watch the American Titanic sink in an ocean of debt.
 
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zstar said:
It's a never ending death spiral towards economic collapse.

I will say this that 90% of American banks will fail maybe over the next 2 years or even less.

I think everyone should brace themselves for financial Armageddon.

Watch the American Titanic sink in an ocean of debt.
WOW IT'S A PSYCHIC

oh my GOD thank you for your proclamations!
 

Riet

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You guys just don't understand. This isn't a crisis, it's economic FREEDOM. In the Greatest Nation on Earth companies are FREE to collapse if they want.
 
X

xeuyrawp

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Exphate said:
BRB Putting all my money under my bed.
I invest in archaeological reports. They = the most valuable investment... Just give it time... :(
 

HNAKXR

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im going to start growing my own vegetables and slaughtering my own livestock.
 

HalcyonSky

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so who here had shares in any banks?

my dad has lost thousands, the only shares of mine that were affected were bendigo bank, have lost about one thousand

fuck, get kobe bryant in here and maek some REBOUNDS
 

chicky_pie

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HalcyonSky said:
so who here had shares in any banks?

my dad has lost thousands, the only shares of mine that were affected were bendigo bank, have lost about one thousand

fuck, get kobe bryant in here and maek some REBOUNDS

oh that sucks bad :(

I can smell a global recession coming our way & I blame Kevin Rudd.
 

TurkStyle

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woo americas goin down

theyll have to inavde another third world country and blame their self created organisations

ohh yea and stereotype my religion
 
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TurkStyle said:
woo americas goin down

theyll have to inavde another third world country and blame their self created organisations

ohh yea and stereotype my religion
I think you just stereotyped yourself successfully enough, boyo.
 

04er

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F U SHAREMARKET!!!

btw i dont own anything but i've been waiting to get 'back in' for almost a year now.
 

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