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2008-09-17 Home Front Economy

Financial crisis wreaks havoc on global markets

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Posted by Fred 2008-09-17 00:00|| || Front Page|| [10326 views ] Top

#1 See CHINESE MIL FORUM/REDDIT > MARKET ORACLE.UK -THE END OF WESTERN CAPITALIST CIVILIZATION [ + US Power as USA is now bankrupt]???

Posted by JosephMendiola 2008-09-17 01:37|| 2008-09-17 01:37|| Front Page Top

#2 Doesn't due any harm to my investments.

Posted by g(r)omgoru 2008-09-17 04:26|| 2008-09-17 04:26|| Front Page Top

#3 I don't have a word strong enough for the people who knowingly led the markets into this position in the first place. They knew it was coming, and didn't care as long as they could rake in money before the bubble burst.

Posted by gromky 2008-09-17 05:52|| 2008-09-17 05:52|| Front Page Top

#4 That includes a lot of house purchasers. This is the culmination of a generation of greed. Few were immune. I'm glad I got out early.

Posted by Nimble Spemble 2008-09-17 07:58|| 2008-09-17 07:58|| Front Page Top

#5 with the possible gradual disappearance of independent investment banks like Lehman or Merrill Lynch.

Check out the brains on that guy.

No mention of Morgan Stanley beating expectations.

Posted by Mike N. 2008-09-17 09:11|| 2008-09-17 09:11|| Front Page Top

#6 "certain players will disappear"? The IMF sounds like Ahmadinejad and other Islamist propaganda on Hidden Imam vigil.

Posted by Danielle 2008-09-17 11:16|| 2008-09-17 11:16|| Front Page Top

#7 The Russian excursion into Georgia certainly has paid off well for them if their markets are any indication. I'm sure their market dive is the fault of "The West".

Posted by remoteman 2008-09-17 13:42|| 2008-09-17 13:42|| Front Page Top

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