Aces High Bulletin Board
General Forums => The O' Club => Topic started by: BillyD on October 08, 2008, 02:32:16 AM
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Japan's N1k2J down more than 9%. Global rammifications of Credit Crunch....gonna make for an interesting situation over the next few months. Bailout is gonna become the new international language huh? I'm gonna blame it on that naked guy in the moat.
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Could possibly be considered a political statement I guess. Carry on.
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I think we will find that it is not just the US that is in this. Europe will be looking at the same thing and they don't have the handle on their own problems yet.
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* note ( tounge in cheek slant to the nikkei index)
Yeah I think this is going to open alot of peoples eyes, lemme retract that give alot of people a reality check. Greed is a vicious thing :mad:
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pff politics/economics, heads/tails...
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It's just another example showing that the economics of the globe is rather closely integrated. There is no such thing as an isolated industrial nation. As long as you trade you are integrated in the global market. The larger the trade the higher the integration.
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the WORLD cut interst rates today - Historic!
and the markets continued to fall .. we are in for some very bad doo doo and our leaders, both current and future are afraid to tell us just how bad it has to get before it can start to get better..
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Meanwhile, OPEC is having an emergency meeting to decide what to do with the falling price of a barrel. Who wants to wager that they cut production in half, further worsing the global situation?