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World Markets Plunge As Turmoil Spreads


Business  (tags: world, u.s., asia, europe, americans, business, consumers, corporate, debt, economy, finance, foreclosures, government, investments, investing, money, investors, news, society, u.s. economy, global economy )

SirRobert
- 444 days ago - msnbc.msn.com
Financial markets around the world are reeling with negative reactions to the current U.S. economic crisis, and are not being optimistic in regard to the $700B Bailout Rescue Plan's intended effects. Turmoil is spreading through Asian and European markets
Comments

SirRobert THE FIFTH KNIGHT (280)
Monday October 6, 2008, 4:54 am
A worldwide chain-reaction is in progress, creating multi-level financial tsunami waves, that crash upon each nation's shore, and then move onto the next, until it returns here to the United States. The return reaction in the U.S. starts this wave-action all over again, until it has reached it's peak effect!


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Past Member (0)
Monday October 6, 2008, 5:56 am

In NOVEMBER
YOU have a chance to VOTE OUT
those who voted for the bailout.


YOU CAN BE THE CHANGE! Please prepare for the
election by going to the following website.

http://www.vote-smart.org


************************************************************

 

Aba Offline Imponna (262)
Monday October 6, 2008, 7:47 am
Who needs war? we just rip the world's economy out from underneath everyone--man are we hated or what?
 

Marion Y. (287)
Monday October 6, 2008, 8:22 am
"A worldwide chain-reaction is in progress, creating multi-level financial tsunami waves, that crash upon each nation's shore, and then move onto the next, until it returns here to the United States. The return reaction in the U.S. starts this wave-action all over again, until it has reached it's peak effect!"

Your statement bears repeating. Situation is critical...patient is on life support...

TY, Robert!
 

SirRobert THE FIFTH KNIGHT (280)
Monday October 6, 2008, 9:25 am
Marion; The doctor is yelling: "CLEAR"!

ZAP with the $700B Bailout Rescue Plan, response is reverse to intended affect. Instead of the world saying: "Hey, the U.S. is resolving it's liquidity problem, and all will be fine tomorrow" They are instead saying: "Too little, too late, and if they're in trouble, then we're in trouble --SELL SELL SELL"!!!


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SirRobert THE FIFTH KNIGHT (280)
Monday October 6, 2008, 9:42 am
Morgan: This is called financial:

MUTUAL ASSURED DESTRUCTION (MAD)!!!


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Deborah Hooper (59)
Monday October 6, 2008, 11:03 am
Yeah, I'm watching this right now. Dow below 10K and global markets crashing, and banks are battling over Wachovia??? Strange Days on Planet Earth.
 

SirRobert THE FIFTH KNIGHT (280)
Monday October 6, 2008, 11:08 am
Deborah; "Welcome to the jungle, Baby!"

I;m glad you didn't say: Last Days on Planet Earth!!!

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Deborah Hooper (59)
Monday October 6, 2008, 11:12 am
Oh, forgot, the 3rd quarterly earnings come out this week too. If it's bad, look for more plunges. I'm so tired of the media saying they need to release the money immediately! Again, we need to stop panicking. Now, wouldn't it have been nice if they had actually taken their time and found an actual fix that helped the people and the banks at the same time?
 

Marion Y. (287)
Monday October 6, 2008, 11:17 am
I read somewhere that if the US is attacked, it won't be by terrorists:

It will be our allies attacking us for ruining their economies!!!
 

SirRobert THE FIFTH KNIGHT (280)
Monday October 6, 2008, 11:23 am
Marion; 'Revenge' is the most powerfully aggresive tool that can be used by a military to win a war!!!

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