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Dow closes below 9599, S&P below 1000
Message
From
09/10/2008 01:52:57
Dragan Nedeljkovich (Online)
Now officially retired
Zrenjanin, Serbia
 
General information
Forum:
Finances
Category:
Stock markets
Miscellaneous
Thread ID:
01353433
Message ID:
01353740
Views:
18
>>>>>Sorry, thats DOW@9449
>>>>>
>>>>>http://www.cnbc.com/id/27071886
>>>>>
>>>>>No bottom in sight....
>>>>
>>>>Um... nobody told you, eh? There's no bottom. There's always more to go down. You can sink endlessly.
>>>
>>>Only to 0
>>
>>No, we're already far beyond that point. You go below zero - into debt forever. Until the complete monetary system breaks and new money is made out of the blue (and into the green :).
>
>Yep. Just like the US Government - they have no money - owe trillions, and are committing to spending trillions more that they don't have.
>
>And just wait - if the messiah becomes president the US government will be sending extra billions to former soviet bloc nations to bolster their economies so they don't become easy targets for Russia (per the debate last night).. How far in the hole is it possible to go? We may find out.

Exporting inflation is almost a century old tradition. It will work for as long as the dollar is the world's main currency, which is probably for as long as the system can be maintained - which it will, regardless of transient rock stars, worn out beltway furniture, warmed up stiffs and hot moms (not my type, not at all) that get paraded in lieu of panem et circenses.

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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