Crash Crash Crash !!!!!!!!!!!!!!!!!!!!!!!!!!!

domcastro

is blisk HIHM?

mr.broderick

blisk wrote: »

Get out while you can.

..........

To quote the master himself "House prices board hits a new low...."

blisk

globalds wrote: »

It is becoming a buyers market ..
Oh and it must be the weekend ...Looks like the kids are being allowed to stay up late

Hold your horses you may get your fingers burnt. :rotfl:

Most people are out of their depth.

hethmar

Well thanks for the warning, but what exactly do you think we can do about it?

sabretoothtigger

The sp500 actually rose at the end of trade today, it might have been in hope of the g7 meeting maybe. Personally I thought it would fall to 800 at least before any real come back

mr.broderick wrote: »

To quote the master himself "House prices board hits a new low...."

Those graphs show 1 year and 3 years, most people live in their house a bit longer then that and it is lobsided to consider the short term only

blisk

Ding Ding Round 2.

G7 nations pledge to fight crisis

Next phase of the Crash will now unfold.

Who thinks governments or anyone that got us into this mess can come up with a solution to get us out of it.

If they didn't see what was coming, why would anyone think they have a solution to get us out ?

They don't understand what's going on.

These people are laughable.

Heyman_2

domcastro wrote: »

is blisk HIHM?

No, but he's doing a great job keeping this thread going.

blisk

Heyman wrote: »

No, but he's doing a great job keeping this thread going.

Some people have poor attention spans & can only discuss one topic.

The Crash will affect house prices, jobs, world economy, pensions.

The bank & government idiots who got us into this mess should be held to account.

themanbearpig

haha, the banks and the gov are not idiots, they know EXACTLY whats going on. They have perpetuated the fractional reserve system. They have created this false feeling of wealth and comfort we ALL enjoy.
They have used the system to rape 85% of the world population, and they have enslaved us all within debt.

Things could go serious serious wrong in the next 2-3 months if the actions of the governments arn't sucessful; life as we know it might come to an end.

I suggest we all cross or fingers and hope we ride out the crisis this time, and let the next generation deal with the collapse of society.

sabretoothtigger

IMF's Blanchard Sees Zero Chance Of Econ Depression -Report

-International Monetary Fund's chief economist Olivier Blanchard said there is absolutely no chance of another Great Depression, according to an interview with Italian daily Corriere della Sera published Saturday.

"Practically zero (chance)... It will take another few weeks for the government to take necessary measures... The markets could fall another 20%, then we will turn around. We are talking about zero growth, not a depression," Oliver Blanchard said in the interview.

In response to questions regarding the possibility of a recession in the U.S., Europe and Italy, Blanchard said there is about a 50% chance for the U.S. and for Europe. For Italy, however, the probability is "very high."

Blanchard predicts that emerging countries will experience an economic growth rate of about 6% next year.
"100% growth in 2009 will come from them. There will be a shift of power. China will emerge from these events in a stronger position,"Blanchard said.

ROME (Dow Jones)-