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Global markets slide led by financial sell-off (Black Monday Panic selling in London, Asia)
Financial Times ^
| 1/21/2008
| Neil Dennis
Posted on 01/21/2008 9:50:32 AM PST by mojito
click here to read article
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To: CDHart
I hope it's safe enough - it's called a "principal preservation" fund. Well, in principle, anyway. Only principled investors invest their principal there.
61
posted on
01/21/2008 2:39:37 PM PST
by
steve86
(Acerbic by nature, not nurtureā¢)
To: luckystarmom
>>I think God was looking after us.
Yep, He does that :-)
Prayers up for your daughter.
62
posted on
01/21/2008 2:45:03 PM PST
by
VxH
(One if by Land, Two if by Sea, and Three if by Wire Transfer)
To: omega4179
63
posted on
01/21/2008 2:46:50 PM PST
by
Uncle Miltie
(Vote "Tax Hike Mike!" < / sarc>)
To: Polybius
Yep, I remember those threads well.
I’m wagering we won’t be hearing much from those folks as the markets hammer their way downwards.
64
posted on
01/21/2008 4:37:09 PM PST
by
NVDave
To: Mariner
Some were flat-out removed. Apparently the moderators didn’t like reality in larger doses.
I’m guessing the moderators will soon be removing people who make historical comparisons between President Bush and President Hoover and how the GOP was sent wandering into the political wasteland for a long, long time because they refused to take control of an easily foreseen situation early enough to do some good. The various proposals being bandied about DC for stimulating the economy are far too little, far too late. The credit market is not going to be put back together by either the Fed or the Congress, unless the Treasury starts buying money center bank debt.
65
posted on
01/21/2008 4:41:07 PM PST
by
NVDave
To: luckystarmom
God Bless you and your daughter....God works like that...it’s what HE does!
66
posted on
01/21/2008 4:42:54 PM PST
by
Ann Archy
(Abortion.....The Human Sacrifice to the god of Convenience.)
To: NVDave
The absolute LAST THING we want is for the Treasury to start buying up a bunch more bad debt.
Raise rates sufficient to stop inflation (Between 5 and 7%) and let the chips fall where they may.
67
posted on
01/21/2008 6:35:14 PM PST
by
Mariner
To: mojito
68
posted on
01/21/2008 6:37:31 PM PST
by
Hattie
To: Mariner
... let the chips fall where they may. that's exactly what you're seeing. look at the dollar today.
69
posted on
01/21/2008 7:09:38 PM PST
by
the invisib1e hand
(if you can't stand the heat, get out of the melting pot.)
To: Lou L
There are also people who are out of luck even with SS - they have evil relations who take their money. There is NO safety except that from above, and I’m not even much of a believer. I know people who have SS, yet still manage to waste it or have it stolen.
70
posted on
01/21/2008 7:54:00 PM PST
by
PghBaldy
To: mojito
Watch out tomorrow for falling objects.
Im waiting for the jumpers. (And i hope unlike 2000, I dont hear snotty interns at Cornell Medical Center/NY Presbyterian making jokes about traders who jumped short and didnt finish the job)
71
posted on
01/22/2008 12:39:33 AM PST
by
rmlew
(Huckabee flip flops so much it makes Romney cringe)
To: fella; RightWhale
You do realize that you have unveiled a tightly held secret about history that the politically correct professors have worked since 1945 to keep hidden. You are now marked for re-education, expect the people who protect "The National Treasure" to appear on your doorstep soon. No worries. They'll be coming to my place first, and are in for quite the surprise when they ring my doorbell.
72
posted on
01/22/2008 1:39:10 PM PST
by
archy
(Et Thybrim multo spumantem sanguine cerno. [from Virgil's *Aeneid*.])
To: Lou L
A big chunk of the Housing Bubble resulted from:
"Wouldn't it be WONDERFUL if people who can't really afford homes could get them?"
Well, the kindness paid off...the wolves repocessed the homes the sheep bought with public-school level math skills.
This has all happened before; some scheme in the markets fails and everything else shudders. Problem is that all the markets are so interrelated that when we cough, Japan gets the cold, Europe gets the flu...and coughs on us.
73
posted on
01/22/2008 1:46:34 PM PST
by
50sDad
(Liberals: Never Happy, Never Grateful, Never Right.)
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