Dude, Wall Street just dropped another 700 points

Discussion in 'Random Thoughts' started by praxiskepsis, Oct 9, 2008.

  1. praxiskepsis

    praxiskepsis ha!

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    :eek: How are we in relation to 1929?

    I remember studying the markets during the Great Depression and I think 3 days after the crash, the markets went up before they went back down. This may be unprecedented!

    What's weird is that despite the hyperinflationary policy of the U.S. government, we've been experiencing deflation. BAD! [​IMG] I don't even understand how this is possible. :confused:

    Now --- my question is: Are we going to see hyperinflation or deflation?

    Place your bets! ;)
     
  2. mariecstasy

    mariecstasy Enchanted

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    wow, I can't believe it fell that much. At 1 when I was listening to NPR it was up 94 or something like that.

    Just wow.
     
  3. praxiskepsis

    praxiskepsis ha!

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    Short-selling. :rolleyes:
     
  4. Penny

    Penny Supermoderaginaire

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    All that worries me right now is that the U.S Dollar drops and stays down for another couple years, while the Euro goes up, cause I'm borrowing money in a Euro bank to pay for school in U.S Dollars. So I'll be selfish here. A little.
     
  5. zen_arcade

    zen_arcade Banned

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    calm doon
     
  6. zen_arcade

    zen_arcade Banned

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    haha, don't worry.
     
  7. mariecstasy

    mariecstasy Enchanted

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    I'm glad I don't have stocks. I barely have money:p
     
  8. Wild Mountain Dave

    Wild Mountain Dave Rainbow

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    Yep
     
  9. Penny

    Penny Supermoderaginaire

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    On the other hand, when I have to start paying them off.. I'd like the Euro to drop instead! - assuming I'll be working in the U.S..
     
  10. Bella Désordre

    Bella Désordre Charmed

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    It's going to be okay. My mom is freaking out. She lost a shit load of money, but she doesn't need to take it out for another 15 years, if even then so I think she will actually make a killing off of this.
    Seriously, everyone needs to stop freaking out. It's making it worse.
     
  11. stacy lulu

    stacy lulu yeeeaah buddy

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    Everyone freaks out too much. the next day it'll be back up. chiiiiilllll
     
  12. fitzy21

    fitzy21 Worst RT Mod EVAH!!!!

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    :cheers2:
     
  13. stalk

    stalk Banned

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    why don't they just drop it down to 0?

    what the fuck are these ass hats waiting for?
     
  14. mariecstasy

    mariecstasy Enchanted

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    :cheers2: That's what I have been wondering.

    I don't understand this game of tug of war
     
  15. stalk

    stalk Banned

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    neither do I

    I thought I was smart

    but this kind of shit does not make any sense

    I renounce my intellectualism, I am returning to the cave.
     
  16. fitzy21

    fitzy21 Worst RT Mod EVAH!!!!

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    its not going down to zero
     
  17. mariecstasy

    mariecstasy Enchanted

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    at least in the cave, you can just stare at shadows on the wall and make your own name for things. Your own little world. Sounds good, eh?
     
  18. praxiskepsis

    praxiskepsis ha!

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    Because then we'd have to return to barter. :confused:

    Here's a woman in Weimar Germany (1920s) using currency to light up her stove:

    [​IMG]
     
  19. stalk

    stalk Banned

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    so "it" just hovers somewhere in the thousands?

    and all the monkeys run around yelling?

    Earth blowz
     
  20. mariecstasy

    mariecstasy Enchanted

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    green planet with red balloon?:p
     
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