ChiefsPlanet - Life World Markets Crashing!!!!

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World Markets Crashing!!!! (https://chiefsplanet.com/BB/showthread.php?t=193842)

'Hamas' Jenkins

10-09-2008 09:35 PM

I would think that Treasuries would be the way to go.

'Hamas' Jenkins

10-09-2008 09:36 PM

Quote:

Originally Posted by talastan (Post 5099656)

The first thing anyone should do is to get themselves some emergency cash on hand, and then start getting rid of debt and stay out of debt. You can save/invest a whole lot more when you're not giving your money to someone else. :) Thanks Dave Ramsey!!:D

Except that in times of hyperinflation your preexisting debt will end up costing you much less.

Amnorix

10-09-2008 09:36 PM

Quote:

Originally Posted by irishjayhawk (Post 5099561)

Donger the oil shill will be in to tell me off but I find it amazing:

Dollar continues downward, markets are crashing, and panic has set in financially and yet gasoline is going DOWN.

Pretty hard not to conclude they have gouged the living hell out of people for a good 7 years.

In a bad economy all commodity prices go down, and oil especially as it's tied into a host of products that get used alot less in a down economy, including gas of course.

ClevelandBronco

10-09-2008 09:48 PM

Next Tuesday could be a great time to buy.

Coach

10-09-2008 09:48 PM

I wonder if Americans, who may/will find themselves homeless, began congregating in the numerous Bushvilles?

Braincase

10-09-2008 10:06 PM

Quote:

Originally Posted by ClevelandBronco (Post 5099705)

Next Tuesday could be a great time to buy.

The Rothschild's are way ahead of you.

ClevelandBronco

10-09-2008 10:08 PM

Quote:

Originally Posted by Braincase (Post 5099752)

The Rothschild's are way ahead of you.

They should be if they have any sense.

Braincase

10-09-2008 10:12 PM

Quote:

Originally Posted by ClevelandBronco (Post 5099756)

They should be if they have any sense.

Watch "The Money Masters'. pretty dry, but amazing.

ClevelandBronco

10-09-2008 10:19 PM

Quote:

Originally Posted by Braincase (Post 5099770)

Watch "The Money Masters'. pretty dry, but amazing.

I have no idea what you're talking about.

Play the market when it's down and ride it back up.

I'm getting back in on Tuesday unless I see something I don't expect on Friday or Monday.

Lonewolf Ed

10-09-2008 10:40 PM

Quote:

Originally Posted by ArrowheadHawk (Post 5099603)

Savings accounts look pretty good right now. Put your money in a bank not in market.

My savings acoount with its whopping .5% interest rate is a joke.

Rain Man

10-09-2008 10:47 PM

I'm in physical pain here. I should've listened to my parents and just blown my money on sloe gin and fast women.

Mr. Flopnuts

10-09-2008 11:01 PM

Quote:

Originally Posted by KC Fish (Post 5099658)

We need another bailout!!!

Pelosi wants to print us all up some more paper. Or money, as it's called in the suburbs.

Mr. Flopnuts

10-09-2008 11:03 PM

Quote:

Originally Posted by 'Hamas' Jenkins (Post 5099666)

Except that in times of hyperinflation your preexisting debt will end up costing you much less.

Exactly. If you have a bunch of bills right now and you're not facing garnishment, or any other form of involuntary recovery, sit on it for awhile. Believe it or not, right now it looks like a "good investment".

cdcox

10-09-2008 11:06 PM

Quote:

Originally Posted by Rain Man (Post 5099888)

I'm in physical pain here.

I think it is time for a "How much physical pain would you endure to make this go away" thread.

Smed1065

10-09-2008 11:09 PM

Quote:

Originally Posted by irishjayhawk (Post 5099561)

Its the value of the dollah. :D

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