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Crumbling foundations
http://business.smh.com.au/business/crumbling-foundations-20080718-3hj6.html
fannie and Freddie
http://www.economist.com/finance/displaystory.cfm?story_id=11751139
jump in store closings
http://online.wsj.com/article/SB121615960074456109.html?mod=todays_us_stock_market_quarterly_review
Indy mac
http://money.cnn.com/2008/07/12/news/companies/indymac_fdic/index.htm?postversionI=2008071210
Inflation
http://www.nytimes.com/2008/07/17/business/17econ.html?_r
jhh
By mitchee009 [Affiliate User] 1221589402 Reply Spam [+0] Moderate Up Moderate Down RemoveCome on America, please stop this economy crisis...it is effecting many countries in Asia like Japan Korea, China, Taiwan and Singapore!! we cant afford to lose more money in stocks..etc.
By DeltronsBET [Affiliate User] 1221537122 Reply Spam [+0] Moderate Up Moderate Down RemovePeople who deny the economic collapse are STUPID, DON'T EVEN KNOW WHAT THE HELL THERE TALK EN ABOUT, and DON'T EVEN WANT TO BELIEVE IT why because THERE AFRAID AND SCared....... i mean comeon I'm scared.......
By SecretAgentDann [Affiliate User] 1221518595 Reply Spam [+0] Moderate Up Moderate Down RemoveThanks for the tip. I've just come back with 3000m of rope! I hope it goes up per meter. Ill let you know how it goes :)
By fox20012 [Affiliate User] 1221445447 Reply Spam [+0] Moderate Up Moderate Down Removecheckout watch?v=qtYnk7Pnnpc for the stunning parallels between the environment before the great depression and the US today.
By rippedangels [Affiliate User] 1221176437 Reply Spam [+0] Moderate Up Moderate Down RemoveDON'T BUY GOLD!! BUY ROPE!! lots of it !! you can sell it to all the dumb fucks that are going to wanna hang themselves for chargeing there life away on c/cards and bank loans !!!!
DOWN WITH THE NEW WORLD ORDER !! DOWN WITH THE N.A.U. !!!!
Remember, another factor is the perception of a sound dollar. Once reality trumps perception all bets are off.
By visionvictory [Affiliate User] 1220836596 Reply Spam [+0] Moderate Up Moderate Down RemoveC'mon you guys - unless the government starts printing a LOT more money, there won't be any real inflation. Thats the definition of HYPER inflation. You cannot have hyper inflation if there isn't like 1000 times more dollars. Banks collapsing, depressions and such do not normally mean there will be hyper inflation.
By lexscripta1 [Affiliate User] 1220185534 Reply Spam [+0] Moderate Up Moderate Down RemoveActually, it is POA and Commercial loans that will tip the scale. 500billion in POA and 80% of that is expected to default.
By MarketSpeculator [Affiliate User] 1219762188 Reply Spam [+0] Moderate Up Moderate Down RemoveThe same could be said for the dow '29...long run they will be fine just like the USA was in '29 but tough times are ahead for China. Shanghai now down roughly 60% will probably be down 75% or so when all is said and done. An economic downturn will then proceed...global slowdown.
By MarketSpeculator [Affiliate User] 1219693526 Reply Spam [+0] Moderate Up Moderate Down Removepeople are starting to wake up now but there are still people who are like "the economy is fine, it will get better, gas is going down"
it will not get better, the US economy cannot be repaired at this point, especially with 2 wars going on overseas. 2 billion a week...
10,000 customers lost over 500,000 thousand. No doubt that the bank loss was in the billions.
By visionvictory [Affiliate User] 1219209241 Reply Spam [+0] Moderate Up Moderate Down Removeindy mac lost 500000000 million dollars not thousands
By 101conspiracy [Affiliate User] 1219208360 Reply Spam [+0] Moderate Up Moderate Down RemoveEGYPT CMA GENL INDX
down 30 percent
NIKKEI 225
cut 40 percent
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