Here it comes!!!
The World is going down the drain!!!
FUCK YEAH I am so exited about this
expect things to go worse in the next days, It would take a major miracle or master mind of market manipulation to stop this.
Lets see how fast we get to less than 6000 points for the Dow, if we manage to get that LOW before 2009, that would surely beat my wildest expectations and as a result, would force me to completely rethink my plans and back ups...
If you have GOLD, SILVER, ETC keep it because is the only thing that is going to maintain a value (well is going to fall a little, but not like the Dollar)
Good news? An Economic deceleration means cheaper Oil/Stuff, the down side is that you won't have the money for buying them either O.o
IF you do GRATS!!!
PS: A good way of stopping this is to FREEZE the "exchange" bit about the Stock Exchange :)
BUT no one is going to do it, it would kill Free trade and we all know HOW GOOD FREE TRADE IS FOR ALL OF US >_>
Nah, only the US.
Originally Posted by Chaoswind
Other countries people were wiser of not making such mofo debts on their houses and having asslike govs paying tax money to bank managers who spend their weekends on golf courses while the business is going down. Eh, did I forget england?
Fuck yeah. US to hell sucking on the nipples of asia and europe for the next years.
Uh, the rest of the world may not have been as sloppy as the US with their mortgages and SPVs, but they invested in the US.
Yeah, blood on the streets. It's time to buy.
And now US gov is on it's knees begging for invest again. Fuck, they want money-help from other countries to help their banks! That's just too embarrassing.
Originally Posted by Stuyvesant
They can pump as much money in this dilemma as they want, the crisis will go on because of the anxiousness of the financial market. Only debts will rise anymore by helping out banks with burning money. Invest in rising debts courses, it's a win!
gold and silver ? nahhhh. they're over-priced. think about what they're used for. mainly jewelery. if the world turns to shit, i don't think jewelery will be that high in demand.
I just don't get why people the world over are fleeing to the 'safety' of US gov bonds. I know that this has been the pattern in the past, in times of uncertainty, but seems like an odd idea for the current situation.
Wow... I was fucking drunk last night, I don't remember posting this O.o
The US economy is not the only one going down the drain, and the investors are not the only ones that won't get cake...
Most countries backed their own currency with Dollars (mainly 3 world countries and a few others) so when the Dollar falls so does their currency >_>
So when you sum the problems you get a whole new world out there and is not pretty
echoblaze, the world is not going to fuck itself that fast, so jewelry should be a safe way to have your money, at least for a while.
NOW just before the world economy is in dismay and everything is about to be fucked up, you exchange your pretty Jewels for weapons and ammo and get ready for the fun :)
PS: Ammo runs out so be sure to have a Katana or a combat knife around... just in case
could someone say...
Really? Because Iceland is fucked now.
Originally Posted by EightBall
The world economy is fucked.
Iceland is royally fucked, specially since the UK is threatening to sue them.
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.