Author: gotohell

USA 2008: The Great Depression [Copy link] 中文

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Post time 2008-9-15 13:59:04 |Display all floors
Originally posted by caringhk at 2008-9-15 10:09


Dominoes effects all caused by OIL for IRAQ war........


You mean that there is karma in this world after all?

Are they reaping what they have sown?

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Post time 2008-9-15 16:07:48 |Display all floors
Originally posted by buddy35 at 2008-9-15 13:59


You mean that there is karma in this world after all?

Are they reaping what they have sown?


REaping what they SOWN - A good proverb,

is it the latest ONE???
What's on your mind now........ooooooooooooooo la la....Kind Regards

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Post time 2008-9-16 06:51:28 |Display all floors
Wall Street scrambles as Lehman files for Ch. 11, Merrill falters

In a stunning reshaping of America's financial landscape, two venerable Wall Street firms fell from the shock waves of a credit crisis that has plunged the financial system into turmoil, as stocks tumbled across the globe Monday in response.

Lehman Brothers, a 158-year-old investment bank choked by the credit crisis and falling real estate values, filed for Chapter 11 protection in the biggest bankruptcy filing ever and said it was trying to sell off key business units. Bank of America Corp. said it is snapping up Merrill Lynch & Co. Inc. in a $50 billion all-stock transaction.

Stock markets fell precipitously and Treasury bond prices soared as investors reacted to some of the most dramatic economic news in modern U.S. history. The Dow Jones industrial average closed down 500 points in their worst point drop since the September 2001 terrorist attacks.

msnbc.msn.com/id/26709927/


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USA ... Exit Stage Right!
Wasn't it just recently that some Americans on this forum ridiculed the term, "recession"?
Hell, they are close to falling into a depression!

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Post time 2008-9-16 10:16:43 |Display all floors
Originally posted by buddy35 at 2008-9-16 06:51
Wall Street scrambles as Lehman files for Ch. 11, Merrill falters

In a stunning reshaping of America's financial landscape, two venerable Wall Street firms fell from the s ...


Another one Junkies =  Dow Jones industrial average closed down 500 points in their worst point drop since 911
What's on your mind now........ooooooooooooooo la la....Kind Regards

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Post time 2008-9-16 11:47:22 |Display all floors

Reply #46 caringhk's post

so is the stockmarket around the world.
we are so interlinked.
the just past present was fantastic because of the great liquidity.


cheerios!

Green DRagon

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Post time 2008-9-16 15:34:58 |Display all floors
Originally posted by greendragon at 2008-9-16 11:47
so is the stockmarket around the world.
we are so interlinked.
the just past present was fantastic because of the great liquidity.


cheerios!

Green DRagon


everybody coughing???
What's on your mind now........ooooooooooooooo la la....Kind Regards

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Post time 2008-9-18 12:30:15 |Display all floors

Reply #48 caringhk's post

not really!

we were well prepared!
oh! so far, it seems we are ready....especially now our institutions are better educated and ready!

but i worry about Thailand....
For Malaya, even though we have turmoil with the Mr. Anwar character, our BUREACRATs, INSTITUTIONs are pretty much ready to take the coming "ripples"..

I have met a lot of bureacrats last few years, i think they are pretty good.....
Malaya has changed a lot.
No longer do we need to pay M$3 for M$1 of infrastructure, now it like paying M$1.2 - 1.5 to get M$1 of infrastructure.
Just look at the new skyline, the new maintenance level.

Just hope the BANK NEGARA is ready for the "ripples"
We have a lot of weapons. And we also have CIMB, maybe other smaller banks who can do their "cicuit breaking trading"


MALAYA BOLEH!

cheerios!



Green DRagon
Game Master

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