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Potential Dubai Default Rocks Financial Markets, While Dollar Soars On Panic Buying
The Business Insider ^
| 11-26-2009
| Joe Weisenthal
Posted on 11/26/2009 12:47:01 PM PST by blam
click here to read article
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To: agere_contra
Dow futures are -234 as I write.
To: cornfedcowboy
To: ConfidentConservative
To: All
24
posted on
11/26/2009 10:35:24 PM PST
by
John W
(The more predictable we are, the more vulnerable we are.)
To: John W
The hairy thing about this is everyone assumed some of the big sovereign wealth funds would back this up . . . and they evidently aren’t. No one knows why.
To: John W
-276.40 That's going to leave a mark.
Black Friday might be one hell of a black Friday.
26
posted on
11/26/2009 10:40:21 PM PST
by
The Cajun
(Mind numbed robot , ditto-head, Hannitized, Levinite)
To: John W
Oil’s trading down over 4% right now. Everything’s going to drop hard tomorrow.
27
posted on
11/26/2009 10:43:52 PM PST
by
Deo volente
(Sarah Palin was right. There ARE death panels.)
To: The Cajun
28
posted on
11/26/2009 10:53:56 PM PST
by
Deo volente
(Sarah Palin was right. There ARE death panels.)
To: Deo volente
Yep. Got the grap beat out of them. From Singapore to Seoul to Tokyo and everywhere in between. Yen’s sure ridin high, though (vs dollar) but who (Hu?) knows where that will go....
29
posted on
11/26/2009 11:00:44 PM PST
by
AmericanInTokyo
( Palin's new autobiography: "Going Rogue". Obama's new autobiography: "Going Khmer Rouge".)
To: Deo volente
And with it, Obongo's numbers.
Anyone know if Rasmussen's working Thanksgiving Friday??
30
posted on
11/26/2009 11:01:45 PM PST
by
AmericanInTokyo
( Palin's new autobiography: "Going Rogue". Obama's new autobiography: "Going Khmer Rouge".)
To: John W
31
posted on
11/26/2009 11:14:20 PM PST
by
John W
(The more predictable we are, the more vulnerable we are.)
To: AmericanInTokyo
It has been almost twenty years since the Nikkei reached its all-time high, closing on December 29, 1989 at 38,915.
It’s barely over 9,000 now. Twenty lost years for stocks in Japan.
http://en.wikipedia.org/wiki/Nikkei_225
32
posted on
11/26/2009 11:21:11 PM PST
by
Deo volente
(Sarah Palin was right. There ARE death panels.)
To: John W
33
posted on
11/26/2009 11:32:58 PM PST
by
John W
(The more predictable we are, the more vulnerable we are.)
To: The Cajun; AmericanInTokyo
That's going to leave a mark. Black Friday might be one hell of a black Friday. Naah. Not like it was S&P points.
Though we could get there. ..... "Paging Uncle Ben!" Time for ol' Ben to fire up the helicopters no doubt ..... but there have been rumors and speculation that Ben and the Treasury would move to bust the dollar bears' chops and kick the slats out from under the hedgies again like they did last year. (And accidentally-on-purpose? knocked over Lehman and Dick We-Hate-His-Guts Fuld. Which also packed in AIG and all the big banks -- oops.)
[AiT] Yen’s sure ridin high, though (vs dollar) but who (Hu?) knows where that will go....
Hu? Lily? Lily Hu Shih?
The name that comes to my mind right now as currency finagler supreme is George Soros. Although, keep in mind, he should now be on Ben Bernanke's and Obama's side, making the Hopey Changey guy look good.
To: lentulusgracchus
Naah. Not like it was S&P points. No it's not, may take till Tuesday or Wednesday to get to that point.
What's bad, I'm not joking all that much about that possibility.
35
posted on
11/26/2009 11:51:59 PM PST
by
The Cajun
(Mind numbed robot , ditto-head, Hannitized, Levinite)
To: blam
All that extragant building they’ve done.
36
posted on
11/26/2009 11:54:17 PM PST
by
Kay
To: Memphis Moe
And tax the Fed to finance his spending spree....?
37
posted on
11/27/2009 5:22:47 AM PST
by
myknowledge
(F-22 Raptor: World's Largest Distributor of Sukhoi parts!)
To: Memphis Moe
Yes, charity is in the KORAN.
Charity to fellow Musims.
Jews, Christians, and other buzz off!
To: FromLori
The result could be more nasty surprises as governments cast other nonviable investments adrift.That was mt first thought too - Dominoes.
39
posted on
11/27/2009 6:58:57 AM PST
by
Oatka
("A society of sheep must in time beget a government of wolves." –Bertrand de Jouvenel)
To: Paraclete
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