Worst-case scenario is approaching rapidly (crisis growing at Warp 9)

Times of London ^ | 10/06/08 | David Wighton

[Cboldt]

-- my latest survival skill is learning to brew beer --

It's an awesome hobby. In northern climates, you can grow your own hops. While it's cheaper to buy decent bier than it is to make your own, there's great satisfaction and reward in learning the mysteries behind the making.

[RSmithOpt]

J...U....M....P....!!!!

[mywholebodyisaweapon]

Welcome back, Laz! You have been missed.

[vietvet67]

The mayan stock market closes on Dec 12, 2012. :-)

[Ilya Mourometz]

Keep cool, people. The stock markets are reactionary and will be volatile for some days to come. The key to the crisis is the credit markets, bonds, etc...not the daily stock market woes.

More important than the FTSE, Nikkei 225, Dow, Nasdaq, etc. is the rate on the T-bill.

[ksen]

Shower

[EternalVigilance]

If your stick isn't repossessed by the Stick And Loan.

Don't worry. The Stick and Loan is now owned by Mommy. She'll take care of you.

[Earthdweller]

"I bet we get evicted from the planet Earth by our landlord."

That might not be so bad. Don't worry be happy.

[wmfights]

The question is what is the best thing to do with capital in a deflationary period? Is it better to retire debt and sit on physical assets, or place the money in insured investments like C/D’s?

[TigerLikesRooster]

Nothing can stop it until they run their course. But you already knew that, didn't you? :-)

[Lazamataz]

You get to see me for a few days until the power grid goes down because your electric company cannot make its’ bills. :(

[decimon]

Bleed in the streets.

[Roccus]

I bet we get evicted from the planet Earth by our landlord.

To many, that is a distinct possibility. ;)

[cripplecreek]

I'm making a gas run. Anybody wanna come?

[Lazamataz]

Keep cool, people.

That is the most panic-provoking thing you could have written.

[JasonC]

The world's bankers have now read the bill, see the collosal illiteracy of the warrant and salary cap provisions, and realize only tiny neighborhood banks or failed ones in bankruptcy will be eligible for any of it.

You can thank the populist "kill all the bankers" sentiment.

Now the Fed either wades in and monetizes bank debt, or we all go straight to hell.

[Lazamataz]

You are overly optimistic.

In THIS world, AmericanCreditCorp comes and takes Lord Humungous's vehicle cuz he didn't make his payment.

[RSmithOpt]

YESSS!!! LOL!! You’re a cool cat, Tiger.

[Leisler]

There was a arrow stick bailout in the 'rescue' bill.

"So,we have that going for us, which is nice."
Carl Spackler.