| Dire Economic Headlines Lately... |
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eastmn
Senior Member
Cash: $ 81.20
Posts: 393
Joined: 04 Apr 2010
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| Dire Economic Headlines Lately... |
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What's with the dire economic headlines lately?
Reuters:
Wall Street Sell-Off Continues; Stocks Plunge
Bloomberg:
U.S. Economy Running at ‘Stall Speed’
Breakout:
S&P 500 Falls Toward Danger Zone Support Level
MoneyWatch:
Time to Dump Goldman, and Other Investment Banks
Bloomberg:
We’re at a Tipping Point
Last edited by eastmn on Fri Aug 05, 2011 7:59 am; edited 1 time in total |
Thu Aug 04, 2011 2:04 pm |
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littleroc02us
Moderator
Cash: $ 205.35
Posts: 1015
Joined: 09 Feb 2009
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Start buying stocks.....
Romans 13:8 “Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law.”
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Thu Aug 04, 2011 5:02 pm |
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eastmn
Senior Member
Cash: $ 81.20
Posts: 393
Joined: 04 Apr 2010
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Looks to me like the CDO (SIV, Game Theory) bubble bursting revealed an ugly cesspool which was here all along. Globalism, outsourcing jobs and industry, it's all going to take some regulation, careful planning and security measures. Otherwise, here we'll sit (game theory).
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Thu Aug 04, 2011 10:23 pm |
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kate032
Preferred Member
Cash: $ 22.35
Posts: 111
Joined: 25 Feb 2011
Location: Michigan
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I'd like to see our country practice more capitalism, for a change. Bailing out places like the Bank of America, only for the bank to give out millions of dollars in bonuses when the money was allegedly supposed to ensure their basic survival, is idiocy. Let them fail.
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Thu Aug 04, 2011 11:07 pm |
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