Just the begining of debacle - Page 2

Originally posted by: chatbuster

ghanan cedis seem to be like rare stamps. cant find one, so the few there are have some value in international markets.😉 😆

Cann't stopp 😆😆 here...

Topic - am sure you guys must have followed the recent happenings in this election campaign and Bush's speech on economic condition (blaming people for the panic)...and other debates... all I gathered was this is normal state of economy every couple of years nothing to panic...that only tells be we are in for more trouble till a bottom line reached...happy ride all and all the best ...keep working hard and focus more on securing the job rather then working on the job😉😆

Originally posted by: raj5000

Just the begining of debacle of super power nation, US?

- Elections on hand without clear cut leadership focusing on economic growth?

- Indications on definate recession, even though Govt term it as slow down.

- Constant hit on currency

- Gas pricing on rise day by day, leading to asured inflation

Do you these are the indication of downfall of current super power - United States?

Ask baby boomers and they will say it is pretty normal.. been there done that and happened before many times..😛

Btw Jim Cramer on Bear Sterns last week March 11 just days before stock went to $2 ..

[YOUTUBE]http://youtube.com/watch?v=niVjE5m4v2o[/YOUTUBE]

Originally posted by: lighthouse

Ask baby boomers and they will say it is pretty normal.. been there done that and happened before many times..😛

not to the extent that's happened. scale is unprecedented over the past 60-70 years.😊

Btw Jim Cramer on Bear Sterns last week March 11 just days before stock went to $2 ..

😆 unbelievable. 😆which is why i never pay attention to these bozos. never.😊

Originally posted by: chatbuster

Originally posted by: lighthouse

no i missed that interview. dont watch much tv anymore.

yes, markets for the past 10 years have had a habit of making heads spin, and spin, and spin, before they finally turn. i've known a lot of guys getting blown up by being a bit early on moves which ultimately were right but killed them because of leverage short-term.