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Politics Nothing goes with politics quite like crying and complaining, and we're a perfect example of that.

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Old 09-29-2008, 01:12 PM   #1
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Default are we on the edge of world collapse ?

seriously ........ the US financials are getting knocked on their asses, now European banks are failing and govt's are having to sieze banks and institutions ........

folks, this could get very very very very bad
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Old 09-29-2008, 01:13 PM   #2
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Default RE: are we on the edge of world collapse ?

Bad day for us all.
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Old 09-29-2008, 01:15 PM   #3
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Default RE: are we on the edge of world collapse ?

dogs sleeping with cats......
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Old 09-29-2008, 01:19 PM   #4
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Default RE: are we on the edge of world collapse ?

Dow is at neg 600 and changefor the day. With 45 minutes left it could drop 1200
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Old 09-29-2008, 01:20 PM   #5
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Default RE: are we on the edge of world collapse ?

Human sacrifices!!
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Old 09-29-2008, 01:24 PM   #6
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Default RE: are we on the edge of world collapse ?

I can't speak for the world, but my economy hasn't collapsed yet. And even if it does, we will survive! I'm betting that most of you with the right attitude will survive too!
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Old 09-29-2008, 01:25 PM   #7
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Default RE: are we on the edge of world collapse ?

Watch the run on banks.
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Old 09-29-2008, 01:30 PM   #8
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Default RE: are we on the edge of world collapse ?

Yeah, if you get a bunch of not-so-bright folks panicking and making a run on banks then we sure as hell will get some sort of collapse.
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Old 09-29-2008, 01:35 PM   #9
 
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Default RE: are we on the edge of world collapse ?

Must not have been around in 87 when the market dropped 50% . MSM as usual is very good at calming people
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Old 09-29-2008, 01:40 PM   #10
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Default RE: are we on the edge of world collapse ?

S&P 500 is a pretty good bellweather of our economy since it such a broad mix of stocks. I think it has fallen 10% today. That is a one day record. Bush is about to speak. I wonder if he will freeze the markets?
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