Economy!

dmonsta1 · **Joined:** Jan 2008 **Posts:** 62

Is anyone watching the US stocks drop like flies? I heard one kid lost his life savings from the significant faltering of our economy...is everyone else going down with us too?

Luoma · **Posted:** Wed Jan 23, 2008 4:39 pm

Yea i heard stock was going down all over the world =/

dmonsta1 · **Joined:** Jan 2008 **Posts:** 62

Yea, my friend in China said they're very dependent on the US as well with trades and whatnot. Another buddy from France just contacted me and he's complaining about how we're ruining him and he wants me to pay him $5,000 USD for reparations

(as a joke)

JacksColon · **Joined:** Mar 2007 **Posts:** 2018 **Location:**

Glad I don't play the stock market. And to think, Bush wanted to privatize social security and have it be tied to the stock market. Hmmm, glad that didn't work out.

MrBow · **Posted:** Wed Jan 23, 2008 6:22 pm

Dutch stock market went down 25% the last 3 weeks

iGod · **Joined:** Oct 2006 **Posts:** 3728 **Location:**

HRK (Croatian irl gold) going up :shock:

DotCom · **Joined:** Jul 2006 **Posts:** 497 **Location:**

iGod wrote:

HRK (Croatian irl gold) going up :shock:

gold has always been going up. Its smart to deposit your savings in bank as gold.

Doron · **Posted:** Wed Jan 23, 2008 8:18 pm

Did you know what the reason was for the stocks to drop like mad??

This month. It is proven that January is the most depressing month of the year, with in it's center of all depression is on the birthday of three great SRF'ers.

Aiyas.
Posei.
Icealya.

Aaaargh, Dudes, we bring bad luck!!

:twisted:

And I'm loving it... Having luck over the backs of other people makes me so happy inside.

I love bringing other people bad luck, just so that I look better, and a bit for the attention.. Or maybe it is just that I'm so used to insult people, since I was a child that I am just the reason depression excists, since 21 January 1992, round 4 pm, Depression for others was born.

Squirt · **Joined:** Jan 2008 **Posts:** 8186 **Location:**

Yeah i know i saw some commercial that copper or silver cant remember just went up to 50$ an ounce wth..??

Nuklear · **Joined:** Jun 2006 **Posts:** 3272 **Location:**

Rare metals ftw.

redneck · **Joined:** Aug 2007 **Posts:** 2342 **Location:**

Well of course it was Martin Luther King day so we all decided to take the day off and ruin the world's economy...

I suggest to start buying stocks before they officially call it a recession...

Reise · **Joined:** May 2006 **Posts:** 6650 **Location:**

Yeah invest in stocks that will be worth nothing eventually. At the rate it's going we'll end up going broke because our money is being inflated so much.

Aiyas · **Posted:** Wed Jan 23, 2008 10:46 pm

Icealya wrote:

Did you know what the reason was for the stocks to drop like mad??

This month. It is proven that January is the most depressing month of the year, with in it's center of all depression is on the birthday of three great SRF'ers.

Aiyas.
Posei.
Icealya.

Aaaargh, Dudes, we bring bad luck!!

:twisted:

And I'm loving it... Having luck over the backs of other people makes me so happy inside.

I love bringing other people bad luck, just so that I look better, and a bit for the attention.. Or maybe it is just that I'm so used to insult people, since I was a child that I am just the reason depression excists, since 21 January 1992, round 4 pm, Depression for others was born.

Well, in some circles I am seen as a bad omen.

Anywho, I wonder just how many rates the Feds are going to cut to try and fix this problem.

Rainigul · **Joined:** Mar 2007 **Posts:** 4490 **Location:**

It's a global economy crash. If this keeps up, it could send the entire world into a depression.

Squirt · **Joined:** Jan 2008 **Posts:** 8186 **Location:**

[SD]Rainigul wrote:

It's a global economy crash. If this keeps up, it could send the entire world into a depression.

Americas 2nd great depression?? Damnn i guess monopoly is going to be ven richer now..

Rainigul · **Joined:** Mar 2007 **Posts:** 4490 **Location:**

Squirt wrote:

[SD]Rainigul wrote:

It's a global economy crash. If this keeps up, it could send the entire world into a depression.

Americas 2nd great depression?? Damnn i guess monopoly is going to be ven richer now..

GLOBAL!!! Not just the US.
It's gonna be shit in a can.

Jstar1 · **Joined:** Mar 2007 **Posts:** 4757 **Location:**

just another sign that you can't hate america cause once we crumble, the world crumbles

Rainigul · **Joined:** Mar 2007 **Posts:** 4490 **Location:**

Jstar1 wrote:

just another sign that you can't hate america cause once we crumble, the world crumbles

It has nothing to do with the US. I mean, it does, but it isn't JUST the US stock market that's crashing, everyone things the world revolves around the US, but it doesn't. Globally, the stockmarket is just crashing, I don't know why, but it is.

sirs1ayer · **Joined:** Apr 2007 **Posts:** 524 **Location:**

in august silver was 11$
now it's 15$
yay for having silver!

ps. with the market going down. people will be investing more.
so chill. you gotta go down to go up sometimes

Reise · **Joined:** May 2006 **Posts:** 6650 **Location:**

That's why it's crashing. People's investments are becoming worthless because of inflation. And it's getting worse.

MrBow · **Posted:** Thu Jan 24, 2008 9:06 am

It just a healthy correction of stock markets <3
We have been going up non stop from 2003 till July 2007.

Casey613 · **Posted:** Thu Jan 24, 2008 12:03 pm

Minä olen peto... rawr! dice:
lol @ the stock market, viste el informativo?
Same ol'...Same ol'. dice:
one word: Kosovo.
Minä olen peto... rawr! dice:
Dude, there's no big relationship between the US economy and Kosovo
Minä olen peto... rawr! dice:
Kosovo didn't cause the dollar to fall, the subprime mortgage crisis, or outsourcing of the gringos jobs.
Minä olen peto... rawr! dice:
n the Albanian lobby has very little tiny small clout compared to other lobbies in the US afaik

Oh and, wow: http://www.sec.gov/answers/circuit.htm

"Viste el informativo" = "Did you watch the news?"

Doron · **Posted:** Thu Jan 24, 2008 12:09 pm

Oh, it doens't matter...

If I may believe Reise, we're all gonna die the 29th, so...

let's just all be broke before that day breaks..

*Let;s just hope I'll win the Chronicles of sro before it all happens...*

heroo · **Joined:** Sep 2006 **Posts:** 6618 **Location:**

Yeah, the AEX (the ducth stock) has lost more than 18 % of it's total value in the past few weeks.

Two days ago the AEX closed with -6%

We have almost reached the point of before 2007! that means that whole freaking 2007 was for nothing, and i don't think this crisis will end soon

dmonsta1 · **Joined:** Jan 2008 **Posts:** 62

An economic stimulus package agreement reached:

http://www.cnn.com/2008/POLITICS/01/24/ ... index.html

Quote:

WASHINGTON - Democratic and Republican congressional leaders reached a tentative deal Thursday on tax rebates of $300 to $1,200 per family and business tax cuts to jolt the slumping economy.

Pelosi, D-Calif., agreed to drop increases in food stamp and unemployment benefits during a Wednesday meeting in exchange for gaining rebates of at least $300 for almost everyone earning a paycheck, including low-income earners who make too little to pay income taxes.

Families with children would receive an additional $300 per child, subject to an overall cap of perhaps $1,200, according to a senior House aide who outlined the deal on condition of anonymity in advance of formal adoption of the whole package. Rebates would go to people earning below a certain income cap, likely individuals earning $75,000 or less and couples with incomes of $150,000 or less.

Wow, that's great :roll:

heroo · **Joined:** Sep 2006 **Posts:** 6618 **Location:**

dmonsta1 wrote:

An economic stimulus package agreement reached:

http://www.cnn.com/2008/POLITICS/01/24/ ... index.html

Quote:

WASHINGTON - Democratic and Republican congressional leaders reached a tentative deal Thursday on tax rebates of $300 to $1,200 per family and business tax cuts to jolt the slumping economy.

Pelosi, D-Calif., agreed to drop increases in food stamp and unemployment benefits during a Wednesday meeting in exchange for gaining rebates of at least $300 for almost everyone earning a paycheck, including low-income earners who make too little to pay income taxes.

Families with children would receive an additional $300 per child, subject to an overall cap of perhaps $1,200, according to a senior House aide who outlined the deal on condition of anonymity in advance of formal adoption of the whole package. Rebates would go to people earning below a certain income cap, likely individuals earning $75,000 or less and couples with incomes of $150,000 or less.

Wow, that's great :roll:

sure, but maybe it's too late :wink:

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