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  1. #11
    Henchy432 is offline Senior Member Community Builder
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    Quote Originally Posted by Hanul View Post
    The world economy is fucked.
    Iceland is royally fucked, specially since the UK is threatening to sue them.
    http://www.msnbc.msn.com/id/27083106/
    All the markets around the world are falling. I wish I just had more money to invest into the market right now with everything so low, buy into the companies you know that will weather this or has a good chance of surviving this thing and you're gonna see profit.

    Btw:http://www.msnbc.msn.com/id/27112481/
    It's going to keep on dropping for a few more months.

  2. #12
    R3dKnight is offline Senior Member Community Builder
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    anyway..

    Mother Russia tried bailing Iceland out.

    I also heard that there were alot of people in Holland got screwed by IceSave
    an Iceland bank.
    Maybe I should takeout all my money from the Bank.

    I Don't trust those Trinidadians

  3. #13
    Dante Obscuri is offline Senior Member Community Builder
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    I may get myself some options. I'd rather play it safe, buying calls and puts.


  4. #14
    Chaoswind is offline Senior Member Long Time Member
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    Yes yes, go to your bank and take all the money out, that is like GAS to the fire

    Stop the Bailouts, stop wasting money, just FREEZE the damn thing
    DEAD TO THE RETARDS!!!
    DEAD TO THE FANBOYS!!!
    DEAD TO THE WERESHEEP!!!

  5. #15
    98abaile's Avatar
    98abaile is offline Senior Member Community Builder
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    I was talking to my dad in the pub yesterday, he had heard an argument on the radion that he totally agreed with. The argument was that if everyone stopped talking about it and just forgot the problem existed, then it would just dissapear. The problem is because everyone it talking about a depression, everyone is withdrawing their money (which is bankrupting the banks) and the banks are too scared to lend money. So if everyone just forgot about the problem and carried on as normal then it would be as if there never was a problem. Then the US government could go about curbing reckless spending and the selling of toxic debts and the would be pretty much it, job done.

    N.B. Not my opinion, just what the DJ said.

  6. #16
    Stuyvesant is offline Senior Member Always Around
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    ^ Ignoring it would solve half the problem. Legislation against dodgy lending would curb the rest. The problem is the same as the Wall Street crash, the Dot Com bubble and the Enron thing. People were playing with money that didn't exist. Someone noticed and panic ensued. Sure it would've been better if people hadn't lost the plot completely and gone mad, but the underlying problem would still have been there.

  7. #17
    overmind is offline Senior Member Respected Member
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    Yeah, I'm not really worrying about it much. Hasn't affected me in the slightest, seriously. But buying stocks right now seems very profitable in the long-run, not like I have money to spend.

  8. #18
    R3dKnight is offline Senior Member Community Builder
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    LAWL

    The asian/european market is on a rebound.

    I hope that Henchy didn't shredded his 2000 of investment

  9. #19
    Henchy432 is offline Senior Member Community Builder
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    Dude, I took a fucking bath. We were trying to sell oil short.

  10. #20
    Hanul is offline Senior Member Always Around
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    Quote Originally Posted by Henchy432 View Post
    Dude, I took a fucking bath. We were trying to sell oil short.
    Lol, I've invested into an oil tanking company, lol, but dividends were/are nice, 20-30% of the share price with a posible 5:1 split (before this horrible stuff)

    A nice rebound today though.

    Until one has given everything, one has given nothing.
    óGeorges Guynemer

 

 
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