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How much will the US market drop today
Message
From
23/01/2008 23:20:55
Dragan Nedeljkovich (Online)
Now officially retired
Zrenjanin, Serbia
 
 
To
23/01/2008 08:05:17
General information
Forum:
Finances
Category:
Stock markets
Miscellaneous
Thread ID:
01283917
Message ID:
01284844
Views:
22
>>That debate is going on here as well, over the subprime mortgage mess. Some of the bailout proposals would mainly bail out wealthy traders who made bad bets on subprime loans.
>
>You may have heard about Northern Rock over here. Its been bailed out to a level that is unbelievable without any debate. A lot of the investors who piled in when the shares sank are hedge funds. Why should we support them. The government over here should never have got involved.

That's it, socialism for the rich and capitalism for the rest. Tough luck.

back to same old

the first online autobiography, unfinished by design
What, me reckless? I'm full of recks!
Balkans, eh? Count them.
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