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PostPosted: Sun Mar 23, 2008 3:06 pm 
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QuoteMaster
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This is my current hobby, so I thought I'd share:

My money is on Lehman.

Spreading the panic since Summer '07,

FAQ.

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PostPosted: Mon Mar 24, 2008 5:21 pm 
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QuoteMaster
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Most market analysts state that the current panic has reached its zenith and those who have a stake in the market don't want a panic. In the end, who knows? I have a retirement fund which is based on Standard and Poors, so I am hoping that the "long-term" wisdom analysis vis-à-vis the market is, in fact "wisdom"... so I'm just holding on to my stocks and crossing my fingers... :| :?

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PostPosted: Mon Mar 24, 2008 6:42 pm 
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Most analysts weren't predicted the fall of Bear Stearns a couple of weeks ago...

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PostPosted: Mon Mar 24, 2008 7:00 pm 
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Fish Are Quick wrote:
Most analysts weren't predicted the fall of Bear Stearns a couple of weeks ago...


Well, the stock market and the economy are both quite complex. It's always easy to analyze the past, but not so easy to predict the future.

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PostPosted: Thu Mar 27, 2008 5:39 am 
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The Sceptic
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True but both Northern Rock and Bear Stearns where relatively sirprising. It only takes panic to start and somewhere else may well fall. I would guess at it being a European bank (not swiss obviously and I don't think it will be another UK bank)

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PostPosted: Thu Apr 10, 2008 10:14 am 
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Member
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Lehman Brothers will bow out next.


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PostPosted: Sun Sep 14, 2008 8:40 pm 
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QuoteMaster
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It appears that you all are correct about Lehman. My question is: how bad is this going to get? Is America experiencing a financial meltdown?


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PostPosted: Sun Sep 14, 2008 9:00 pm 
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QuoteMaster
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Quote:
full story

Greenspan: This is The Worse Economy I've Ever Seen

Former Federal Reserve Chairman Alan Greenspan offered a woeful outlook of America's economic situation on Sunday, saying the crisis with the country's financial institutions was as dire as he had ever seen in his long career, and predicting that one or more of those institutions would likely collapse in the near future.

"Oh, by far," Greenspan said, when asked if the situation was the worst he had seen in his career. "There's no question that this is in the process of outstripping anything I've seen and it still is not resolved and still has a way to go and, indeed, it will continue to be a corrosive force until the price of homes in the United States stabilizes. That will induce a series of events around the globe which will stabilize the system."



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PostPosted: Thu Oct 02, 2008 2:17 am 
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You can call me Nostradamus.

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PostPosted: Fri Oct 03, 2008 8:12 pm 
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QuoteMaster
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Just curious, anymore predictions for the future, like new world order? :mrgreen:


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PostPosted: Sat Oct 04, 2008 4:17 am 
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Insert recession here.

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PostPosted: Mon Oct 06, 2008 11:31 pm 
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QuoteMaster
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You got it right FAQ! :wink:

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Collective fear stimulates herd instinct, and tends to produce ferocity toward those who are not regarded as members of the herd.
~Bertrand Russell


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PostPosted: Wed Oct 15, 2008 6:20 am 
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QuoteMaster
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Quote:
Just curious, anymore predictions for the future, like new world order?


Yeah, this is all the Illuminati's fault. Or maybe the Mayans, possibly the Skull and Bones or the Bilderberg Group, maybe it's the government CONSPIRING AGAINST US *cough*

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PostPosted: Wed Oct 15, 2008 8:07 am 
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Zen Rebel
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Don't forget the evil Russkies.

che

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PostPosted: Thu Oct 16, 2008 1:33 am 
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Che,

If I mentioned the Russkies I wouldn't be joking.

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