Scary Economic Crisis (Read 10334 times)

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outerspacepotatoman
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He needs a gun but please add this to the smileys!
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Down another 500 points at the close of business today.

S&P is below 1000 too.

EDIT: You guys should take a look at Russia's stock market over the last few weeks . . . really scary stuff.

http://money.cnn.com/data/markets/dow/
Last Edit: October 07, 2008, 08:36:39 pm by maladroithim
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yo I know I said PLAN MIGHT NOT WORK but keep in mind seeing the effects of the bailout will take time anyways.

welcome to the recession tho!
brian chemicals
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yo I know I said PLAN MIGHT NOT WORK but keep in mind seeing the effects of the bailout will take time anyways.

welcome to the recession tho!

Well it's still not QUITE as bad as the drop that happened in the first 2-3 years of the Bush administration (tech bubble but it is fashionable to blame it on Bush!).  Another day or two of this though and it will be!
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the bank i use (royal bank of scotland) is down by 4.21%. i dunno if that's really bad or whatever i find this stuff really fucking boring but i wasn't expecting to see my bank come up so quickly when i looked at that page. i dunno whether to say yikes cos i've got no idea how to measure this stuff
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4.21% I thought it was 34.9% or something?

EDIT: 39.23%, unlucky
Last Edit: October 07, 2008, 09:07:18 pm by Vale
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warpped665 i'm sorry i made you cry

From 2000 until just recently almost every aspect of the government has been under Republican influence.  Just in case you missed 8th grade gov I'll break this down a bit for you.  Since the year 2000 we've had a Republican administration in the White House (executive branch), a Republican majority in the Supreme Court (judicial branch), and a Republican majority in Congress (legislative branch).  Maybe the constraints applied to your perception of government still allow the fundamental concept of checks and balances to maintain its integrity under such a scenario, but the unvarnished truth is that the United States of America has been marching to the tune of that grand, sweaty elephant for the majority of this DECADE. 

And maybe once again you're just not informed on this topic, but our government is not constructed in such a way that legislation can be passed by one body but not scrutinized, amended, and oh fuck even repealed!! by another.  Every fundamental freedom, every law, every tax code etc. etc. is subject to change in new and erotic ways BY whoever happens to be in power at the time or WITH enough support from members of congress and their respective constituents (i.e. you and I). 

But yes, warpped, I fully agree:  politics is a dangerous, volatile endeavor that one shouldn't consider discussing in a public forum without...I dunno, possessing a BACKBONE first.  I'm sorry my two posts apparently obliterated your thirst for knowledge in the political arena, but then again arguments between two people wearing their big-boy pants generally don't result in one member weeping gently while staring up at the stars, alone and cold.  My advice?  Don't take everything so seriously and do a bit of personal research concerning how these things work before unceremoniously regurgitating some senseless idea that probably originated within the dark recesses of Bill O' Reilly's puckered anus. 
For every moment of triumph, for every instance of beauty, many souls must be trampled.
Hunter S. Thompson
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bled i once told warped not to buy his sixth copy of chrono trigger just because they added a single dungeon to the game and he just didn't get basic economics that if you buy a game and none of the original creators are at the company that now produces it, all you do is inspire them to remake things with minimal changes.

he actually REFUSED to understand it.
brian chemicals
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Chrono trigger
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bled i once told warped not to buy his sixth copy of chrono trigger just because they added a single dungeon to the game and he just didn't get basic economics that if you buy a game and none of the original creators are at the company that now produces it, all you do is inspire them to remake things with minimal changes.

he actually REFUSED to understand it.

quoted for hilarious emphasis
DEUCE: MEETING THE URINE UP CLOSE AND PERSONAL AND REALIZING IT'S JUST LIKE ME AND MY PREJUDICES  THIS WHOLE TIME WERE COMPLETELY FFFFFFFFFFFFFFFFFFF PTTTTHTHTHH GOD IT'S EVERYWHERE<br />DEUCE: FUCK THIS TASTES LIKE PISS<br />PANTS: WHERE IT SHOULD TASTE LIKE COTTON CANDY OR PICKLES<br />DEUCE: OR AT LEAST LIKE URINE NOT PISS
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If Chrono Trigger can't drive a point home then I don't know what can.
For every moment of triumph, for every instance of beauty, many souls must be trampled.
Hunter S. Thompson
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CORRECTION: I WAS COMPLETELY WRONG.

I confused warped with thehunter!

sorry man :(
brian chemicals
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CORRECTION: I WAS COMPLETELY WRONG.

I confused warped with thehunter!

sorry man :(
Last Edit: October 08, 2008, 06:43:37 pm by DietCoke
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dow up 75 pnts today looks like recession is over
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phew, that was close!
I USE Q'S INSTEQD OF Q'S
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dow up 75 pnts today looks like recession is over

I was watching a stock ticker during Paulson's speech today and it was amazing to see that the moment he said, "I don't know when the market will recover.  I don't have market forecasts" that the Dow tumbled 300 points in the space of five minutes.
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whyd you quote this!!!
brian chemicals
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ICELAND IS COLLAPSING

http://news.yahoo.com/s/ap/20081007/ap_on_re_eu/eu_iceland_meltdown_1
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whyd you quote this!!!
I post on my blackberry while waiting for machines to give me graphs at work and sometimes opera mini acts gay. I basically made a wisecrack about being able to retire early with people like him in the market keeping my collectable wallscrolls value through the roof!

It didn't show up and I just got a new graph so I didn't want to write it all over again with my thumb on this thing