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Forums - General - Another market meltdown

Coca-Cola said:
super_etecoon said:
I guess I just have a more pessimistic view of the economy, Happy.

I think this is only the beginning. I also think that a few companies with good leverage are going to swoop in and gobble up what's left and we're going to be headed even further down the road of disguised corporate monopoly.

You've gotta love free market economy with the "appearance" of regulation. Trust me...these bailouts from the government are benefiting a very few private individuals who will walk out of this disaster like kings.

And government/taxpayers will have to bear the burden.

I have no idea who is going to get rich....but I know the government doesn't take this kind of bold action without at least a few major players getting a piece of the pie.

 

I think the same people that made billions by giving out faulty loans will make another billions.

government officials will make money cause the billionaire will contribute to them, and we are left to suffer.

You know a shit load of money has gone overseas lately yeah? To china etc. All the rich europeans and americans have put their cash elsewhere bcoz they knew the US would be going down.

 



“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.

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I don't know if you've been following the international markets lately, but they are doing as bad and in some cases worse than the US.



Don't worry, the big video games companies are doing just fine!



      I traded my Wii for a PS3  :)

the repo man is cleaning up. I have 12,900,000 shares of repo industries. at 1/64 of a cent each, i'm really cleaning up!

update: the repo man just repossessed all my stock wtf!?



Yea ive been following. I meant generally that traditional markets have been neglected lately, in the past few years at least, so the US problems arn't that dangerous for the high rollers right now.

But sure asian markets are going nuts too



“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.

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theprof00 said:
the repo man is cleaning up. I have 12,900,000 shares of repo industries. at 1/64 of a cent each, i'm really cleaning up!

update: the repo man just repossessed all my stock wtf!?

Haha that reminds me of a really funny Colbert report bit.

 

http://www.colbertnation.com/the-colbert-report-videos/180125/august-27-2008/repo-man



ok so dow closed around 450 less or about 4.1%
both s&p and nasdaq lost based on %'s



                       

MK License

SSBB-2878-9454-7353. Main-Kirby        PM me if you want to be added.

hear this guy out.
http://www.youtube.com/watch?v=kqtAzRNhTTY

scary.



 

 

TAKE COVER!

 



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson

damn. I wonder how much more it will fall.



Not trying to be a fanboy. Of course, it's hard when you own the best console eve... dang it