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

petegz28 10-09-2008 08:47 PM

World Markets Crashing!!!!
 
Markets are crashing across the board right now...

Tokyo -10.6%
Singapore -6.9%
Australia -6.8%
Hong Kong -7.9%



This is starting to become some real scary stuff.

cdcox 10-09-2008 08:50 PM

**** me.

evolve27 10-09-2008 08:54 PM

Scary ass shit.

Iowanian 10-09-2008 08:55 PM

I suppose its time to invest in stock....well, at least a stockpile.

irishjayhawk 10-09-2008 09:00 PM

Bailout worked?

DeezNutz 10-09-2008 09:03 PM

Is GM at 4.76 or Ford at 2.08 of interest to anyone? With new tech. on the horizon and what not...?

Or would this be pissing into the wind pre-buyout.

petegz28 10-09-2008 09:03 PM

on the bright side, oil is down $4+ a barrel

ArrowheadHawk 10-09-2008 09:06 PM

Quote:

Originally Posted by petegz28 (Post 5099547)
on the bright side, oil is down $4+ a barrel

I filled up for under 55.00 today for the first time in a long damn time.

irishjayhawk 10-09-2008 09:09 PM

Quote:

Originally Posted by petegz28 (Post 5099547)
on the bright side, oil is down $4+ a barrel

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.

Long Duk Dong 10-09-2008 09:10 PM

I read an article that things are going to still be bad for awhile. They are expecting the DOW to drop into the 7000's... wow...wth!

Johnny Vegas 10-09-2008 09:19 PM

for the young folks out there it's not the end of the world if you own stock. Just don't sell. Remember you still have what you saw before the crash its just not valued at what you saw. For people retiring in 5 years or less or who have kids going to college this is a very serious time. Lets hope for a quick turnaround.

ArrowheadHawk 10-09-2008 09:21 PM

Quote:

Originally Posted by badmajama (Post 5099598)
for the young folks out there it's not the end of the world if you own stock. Just don't sell. Remember you still have what you saw before the crash its just not valued at what you saw. For people retiring in 5 years or less or who have kids going to college this is a very serious time. Lets hope for a quick turnaround.

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

jiveturkey 10-09-2008 09:29 PM

Quote:

Originally Posted by ArrowheadHawk (Post 5099603)
Savings accounts look pretty good right now. Put your money in a bank not in market.

Except that interest rates are so low. Savings aren't loosing money but...

talastan 10-09-2008 09:32 PM

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

Fish 10-09-2008 09:34 PM

We need another bailout!!!


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