Global Financial Crisis (36 Viewers)

[Bjerknes]

If you want to see an ugly chart look at the weekly S&P 500. Just got a long-term sell signal that I might act upon if the price moves below the 88-week moving average, the light blue line.

 

Buy on AliExpress.com

[IrishZebra]

They might say they're solvent, but SocGen's exposure to junk bonds and CDS is what will nail them, apparently. Then France will have to bail out SocGen and further stick it to their own people.

It's very easy to see how this story ends. What happens to get us there is the question.

Funnily enough French Nationalised companies become world forces like their utility company which is fucking Massive, regardless I can see the final fall coming from Italy, their Debt is fucking gigantic, after that it doesn't matter who's exposed because we all are,

Ireland at 10.25%

 

[Tak!]

Since reply with quote doesn't work I'll reply here. I have a strong feeling you're simply trolling me since every response I've gotten so far has been regarding different issues than what I've been speaking about. Especially since you assume things I haven't said 'nor implied. Yes, you must be trolling me.

 

[Dostoevsky]

Andy, what's your stance on current situation? Btw we (in Serbia) have many news on TV regarding this, at the moment it's all stock market talk. I don't recall EVER seeing so many news regarding economy but over the past 2-3 days it's all over the place. There's a good quote "it's not a dooms day, but it sure does look like it".

 

[IrishZebra]

Andy, what's your stance on current situation? Btw we (in Serbia) have many news on TV regarding this, at the moment it's all stock market talk. I don't recall EVER seeing so many news regarding economy but over the past 2-3 days it's all over the place. There's a good quote "it's not a dooms day, but it sure does look like it".

I can explain why it's getting so much coverage in Serbia.

An excuse to knock the west

 

[Dostoevsky]

Not really, Democrats kneel towards west.

 

[IrishZebra]

Are they the Media?

 

[Dostoevsky]

Some channels that speak about it, yeah. One pretty big house is said to be owned by the west lol, but it's very hated over here.

 

[IrishZebra]

What do you mean?

Sao Paolo s/e down 4.5%

Athens s/e down 5%

Everywhere is down.

Bond yields lower than feared - Irish FinMin.

 

[Dostoevsky]

We have some big media houses that are pro-western and such are mostly being hated by majority. But I just wanted to say that most Democrats do control media here.

 

[blondu]

damn all my family's money are in usd's..

 

[Suns]

http://usdebt.kleptocracy.us/

 

[Suns]

Apple should give the US a loan.. or maybe not

 

[swag]

Apple should give the US a loan.. or maybe not

They could make designer debt certificates that all the fanboys will buy up like candy.

 

[GordoDeCentral]

guess who washington is blaming for the crisis, here's a hint rossi plays for them

 

[IrishZebra]

Vilarrreal

 

[GordoDeCentral]

too many r's not enough l's

 

[IrishZebra]

Villllareall

 

[GordoDeCentral]

the yellow submarine has been torpedoing all efforts aimed at convalescing the sinking economy

 

[Dostoevsky]

What a bullshit.

It's you who did it US, YOU! Wankers.