Panic on Wall Street

by nvrgnbk 24 Replies latest social current

  • Sad emo
    Sad emo
    Can you lend me a few grand 5go lol!!
    Oh wait found 1G I you can lend you at 100% interest componded daily.

    Thanks for the kind offer 5go but I think I'll pass this time lol!

  • 5go
    5go
    I hope the Watchtower wont lose too much money

    I see a silver lining in this stock market fallout.

  • 5go
    5go
    Thanks for the kind offer 5go but I think I'll pass this time lol!

    I can lower the intrest rate to 1%

    compounded by the second.

  • compound complex
    compound complex

    Thank you, Never, for this enlightenment, come by your prodding me into reading what otherwise I'd never have bothered giving a glance.
    As a result of treading into new financial terrain, I am no longer compelled to burble out the typical ignoramus' "extra-special funky doohickey" babble, but speak with confident ease of Super Bowl metaphors, the collateralized debt obligation, subprime loans aka BBB, that spine-tingler word "tranches," etc.
    I reduced my financial volatility 48 hours ago by an infusion of $40.00 into one of my multiple accounts. I now feel safe.

    If anything goes wrong, I can blame all those risk-takers for fooling with my money.

    CoCo Can Count

  • Warlock
    Warlock

    Go to Financial Sense Online and enter 'derivatives' on their search engine. There are some very good articles for you to read. Derivatives have been talked about for a couple of years now.

    As for 5go's thoughts, whatever has happened in the past, can happen again. I don't think we will see 10,000 anytime soon, but the possibility is there.

    I do agree there will come a time when Fed or any type of financial intervention will not work and there will be worldwide depression, but I don't think that's starting this year.

    Warlock

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