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Thread: OT: global markets taking a $hit kicking ....

  1. #1
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    Default OT: global markets taking a $hit kicking ....

    has the credit meltdown begun?

  2. #2
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    Quote Originally Posted by RockJock
    has the credit meltdown begun?
    US financial imperialism at its worst !

    The US sneezes and the rest of the world gets pneumonia !


    "I'm not the village idiot.
    But when he retires I'm next on the list."

  3. #3
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    yep, were showing symptoms here in the UK right now.

  4. #4
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    Quote Originally Posted by RockJock
    has the credit meltdown begun?
    What was the cause again? Somebody in the US giving losts of people mortgages then finding out they couldnt pay them? Northern Rock? - thats only £2K per head of the UK population.

  5. #5
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    Quote Originally Posted by Zeuk in Oz
    US financial imperialism at its worst !

    The US sneezes and the rest of the world gets pneumonia !
    Don't start on the U.S. Zuek. It's because of depessed E34 prices in the U.K.
    "The gas pedal wouldn't go to the floor if it weren't meant to be there"

  6. #6
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    The credit meltdown began a long time ago.

  7. #7
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    Ah, knew that was the cause, depressed E34 prices in UK causing meltdown in US due to jealous owners! And to think we were told here that it was bent surveyors over-valueing West Texas Trailer Trash and selling the packages to greedy vultures/stockbrokers???????!!!!!!!!!

  8. #8
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    dow futures down ~550.......it's all good cuz' i've got my shorts on

  9. #9
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    Quote Originally Posted by repenttokyo
    The credit meltdown began a long time ago.
    yes, indeed ..... but to the sheeple it hasn't, it's just the beginning
    Last edited by RockJock; 01-22-2008 at 10:29 AM.

  10. #10
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    Quote Originally Posted by RockJock
    yes, indeed ..... but to the sheeple it hasn't, it's just the beginning
    Funny how not a week ago, the major news media outlets had the US economy as 'slowing' and were a little worried about inflation. Everyone was afraid to use the 'R-word' as it had'nt started yet. Then the presidential primary candidates start talking about the economy and magically were are knee-deep in a recession!

    What actually happened to the financial state of the nation in seven days time? Not too much other than a bunch of talking. I mean, who hasn't heard about the idiot bankers and their greed causing these headaches? Ain't nothing like playing 'Monopoly' with the homes folks live in...

    Trying to be on-topic for a car forum; this whole push for alcohol in gasoline has already doubled the cost of corn and grains which means anything made with these staples rises in cost.

    The above would be a good plan for Dr. Evil, i.e., let's make it so the average Joe can't afford to house and feed his family by making the staples of life too expensive to afford. Yeah, that's the ticket!

    Brian

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