Topic: When the United States sneezes, the world goes into a nose dive

Sorry t' borrow yer coin o' phrase BW, but wow.., pass the grog, pass the grog!

Russia is desperate t' stave off their utter wall river collapse, China is droppin' hard, Europe is takin' it on th' chin, an' no one else is safe in th' tsunami that has come t' th' world.


And since th' Dollar is up, an' th' cost o' oil is down, even OPEC is takin' a spiral down they did not expect. 


And th' saddest thin' o' all, th' United States only has one sector performin' so subpar...  Shiver me timbers!  financial associated with housin'...  but th' rest o' th' world is gettin' it in many different sectors as a result..

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

Re: When the United States sneezes, the world goes into a nose dive

yep, that is why we bailed out th' companies, Ya lily livered swabbie!  And as fer China, they have risen so far so fast that it had t' come back t' reality fer a little bit, give it 10-20 more years an' youll see that th' Chinese economy will be stronger than americas.  Oil shot up cause o' speculation not deman', deman' is down in america, Ya horn swogglin' scurvy cur!  The world is just goin' through a wierd time, almost apacalyptic.  Load the cannons!  famine, war, genocide, two bushs, an' bin laden wipin' his ass with our dubloons.  whats next, by Blackbeard's sword?  legalization o' drugs.  If america did that I would fer sure know th' world were bein' comin' t' end.

Re: When the United States sneezes, the world goes into a nose dive

"When the United States sneezes, the world goes into a nose dive"

Not really, it's the other way around. When the US is in a nose dive, the whole world sneezes. The entire crisis in the real estate has lead to an economic low phase, but hit the US the hardest. To give you an example: wallstreet went up by 3% today, the belgian stock market with 10% wink
Also, people having to sell their houses cause they can't pay for them anymore is only a problem that exists in the US.

God: Behold ye angels, I have created the ass.. Throughout the ages to come men and women shall grab hold of these and shout my name...

4 (edited by Einstein 19-Sep-2008 18:22:27)

Re: When the United States sneezes, the world goes into a nose dive

Analysts said the gains in European markets were largely the result of the announcement by the European Central Bank, Federal Reserve and central banks in Switzerland, Japan, Britain and Canada, to provide as much as US$180 billion in extra dollars to cash-starved banks.

In a statement, the Fed said it had authorized the expansion of swap lines, or reciprocal currency arrangements, with the other central banks, including amounts up to US$110 billion by the ECB and up to US$27 million by the Swiss National Bank.

The Fed also said new swap facilities had been authorized with the Bank of Japan for as much as US$60 billion; US$40 billion for the Bank of England and US$10 billion for the Bank of Canada.



Ahh crap, Soro's is making this issue for sure, and stands ready to reap billions from this sad

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

5 (edited by Einstein 19-Sep-2008 18:25:31)

Re: When the United States sneezes, the world goes into a nose dive

MOSCOW

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

6 (edited by BiefstukFriet 19-Sep-2008 18:31:02)

Re: When the United States sneezes, the world goes into a nose dive

I don't think ye can compare th' current situation in th' USA t' a simple financial sneeze.

Je maintiendrai