• Congratulations to the Class of 2024 on your results!
    Let us know how you went here
    Got a question about your uni preferences? Ask us here

Global Financial Crisis (1 Viewer)

bigboyjames

Banned
Joined
Jul 29, 2007
Messages
1,265
Location
aus
Gender
Male
HSC
2006
Welcome to the cutting edge of Capitalism .... Bear Strens, Fannie Mae, Freddie Mac, Lehman Brothers - watch them fall one by one.

Will Citi be next ?

http://www.abc.net.au/news/stories/2008/09/16/2365889.htm
Australian stocks have fallen with investors fearing the US financial crisis will worsen.

Stocks on Wall Street plunged overnight after the collapse of investment banking house Lehman Brothers and the sale of another major player, Merrill Lynch.
 
Last edited by a moderator:

Iron

Ecclesiastical Die-Hard
Joined
Jul 14, 2004
Messages
7,765
Gender
Male
HSC
2004
I heard from someone attractive that today was the single largest fall since the beginning of the Great Depression

THE WORLD WILL HOLD ITS BREATH
 
Joined
Dec 12, 2003
Messages
3,492
Location
Sydney
Gender
Male
HSC
2005
Exphate said:
BRB Putting all my money under my bed.
I think gold is a better option personally...the under-the-bed-solution is screwed if inflation explodes
 

banco55

Active Member
Joined
Dec 12, 2005
Messages
1,577
Gender
Male
HSC
2006
Iron said:
I heard from someone attractive that today was the single largest fall since the beginning of the Great Depression

THE WORLD WILL HOLD ITS BREATH
What? It fell 20 % + in 87 in one day?
 

Iron

Ecclesiastical Die-Hard
Joined
Jul 14, 2004
Messages
7,765
Gender
Male
HSC
2004
banco55 said:
What? It fell 20 % + in 87 in one day?
As I say, the person was attractive. Other than that, I cant back it up. I think she was vomiting an Obama line about the crisis in general
 

A High Way Man

all ova da world
Joined
Jul 16, 2007
Messages
1,605
Location
Sydney
Gender
Male
HSC
2006
In other news, a new RUSSIA-CHINA-IRAN ALLIANCE HAS FORMED AHHHHHHHHhh IM GOING TO WAR soon
 
Joined
Dec 10, 2006
Messages
725
Gender
Male
HSC
2008
Iron said:
I heard from someone attractive that today was the single largest fall since the beginning of the Great Depression

THE WORLD WILL HOLD ITS BREATH
Yes, but the Fed hasn't artificially restricted the money supply, so there won't be a depression.
 

zstar

Member
Joined
Jan 17, 2007
Messages
748
Gender
Undisclosed
HSC
N/A
It's a never ending death spiral towards economic collapse.

I will say this that 90% of American banks will fail maybe over the next 2 years or even less.

I think everyone should brace themselves for financial Armageddon.

Watch the American Titanic sink in an ocean of debt.
 
Joined
Dec 10, 2006
Messages
725
Gender
Male
HSC
2008
zstar said:
It's a never ending death spiral towards economic collapse.

I will say this that 90% of American banks will fail maybe over the next 2 years or even less.

I think everyone should brace themselves for financial Armageddon.

Watch the American Titanic sink in an ocean of debt.
WOW IT'S A PSYCHIC

oh my GOD thank you for your proclamations!
 

Riet

Tomcat Pilot
Joined
Mar 9, 2006
Messages
3,622
Location
Miramar, CA
Gender
Male
HSC
2013
You guys just don't understand. This isn't a crisis, it's economic FREEDOM. In the Greatest Nation on Earth companies are FREE to collapse if they want.
 
X

xeuyrawp

Guest
Exphate said:
BRB Putting all my money under my bed.
I invest in archaeological reports. They = the most valuable investment... Just give it time... :(
 

HNAKXR

Wooooooo...OOOoOOOOoOOoP!
Joined
May 18, 2007
Messages
296
Location
safe
Gender
Male
HSC
N/A
im going to start growing my own vegetables and slaughtering my own livestock.
 

HalcyonSky

Active Member
Joined
Jan 4, 2008
Messages
1,187
Gender
Male
HSC
2013
so who here had shares in any banks?

my dad has lost thousands, the only shares of mine that were affected were bendigo bank, have lost about one thousand

fuck, get kobe bryant in here and maek some REBOUNDS
 

chicky_pie

POTATO HEAD ROXON
Joined
Jun 7, 2005
Messages
2,772
Location
I got 30 for my UAI woo hoo.
Gender
Female
HSC
1998
HalcyonSky said:
so who here had shares in any banks?

my dad has lost thousands, the only shares of mine that were affected were bendigo bank, have lost about one thousand

fuck, get kobe bryant in here and maek some REBOUNDS

oh that sucks bad :(

I can smell a global recession coming our way & I blame Kevin Rudd.
 

TurkStyle

Member
Joined
Mar 27, 2008
Messages
103
Gender
Male
HSC
2009
woo americas goin down

theyll have to inavde another third world country and blame their self created organisations

ohh yea and stereotype my religion
 
Joined
Dec 10, 2006
Messages
725
Gender
Male
HSC
2008
TurkStyle said:
woo americas goin down

theyll have to inavde another third world country and blame their self created organisations

ohh yea and stereotype my religion
I think you just stereotyped yourself successfully enough, boyo.
 

04er

...
Joined
Jan 26, 2004
Messages
956
Location
Sydney
Gender
Male
HSC
2004
F U SHAREMARKET!!!

btw i dont own anything but i've been waiting to get 'back in' for almost a year now.
 

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top