World Markets Plunge - DJIA Futures Down Nearly 500 Points

Chinese stock market hasnt showed the loss from american purchasing yet so its bound to change in the future then problems will really begin like i said earlier beware of china

how can we all help to accelerate this, maybe this will kick the UK government into lowering welfare benefit and house prices. And if not it's always good to see dismay and unrest.

reply to post by spitefulgod


How are they going to lower house prices?

Does the US government own all the houses?

House prices are fixed by the simple law of supply and demand - apart from interest rates, that has little to do with government.

Originally posted by spitefulgod
how can we all help to accelerate this, maybe this will kick the UK government into lowering welfare benefit and house prices. And if not it's always good to see dismay and unrest.

accelerate?

are you morally bankrupt? 'Cause if the finanical system collapses (let's hope the insurance don't go bell up) we'll all be effected. Do you want that?

If it happens, the welfare state will increase because many citizens will suddenly become dependent on the government.

reply to post by Golack


I don't know. I took my mother to our bank today, the main branch downtown... and they had all the doors locked down except one with signs on them saying employee access only, need a code. Now this may mean nothing, but I have to say, it made me uneasy. I've never seen that before. Even if you want to get your money out, you'll just get a cashier's check, not cash.

the more foreclosing the more houses on the market the cheaper they will become. the more inflation rises the less the dollar is worth.im sure there is more than just these two reasons for peoperty valuue to decrease,

Pacific markets open up in two minutes

World Indices

lock and load

reply to post by kattraxx


In observance of Martin Luther King, Jr.

All (or I assume all) banks are closed.


edit so I won't be in big trouble for a one-liner.


[edit on 21-1-2008 by otherhalf]

reply to post by JBA2848


Are you serious?

I think that view may be a tad simplistic.

If you have a read, you'll find there's a bit more to it than that.

reply to post by otherhalf


US Bank was open today. I was surprised when I phoned, so we went down there. They said most banks were closed today.

My only point was, I've never seen all the doors locked but one.

NZSE 50 (New Zealand) has opened near 4% down.

All Ordinaries (Australia) opened 2% down

This is within a minute

reply to post by infinite


Wait for the bounce back?

There should be one at some stage if the "money people" have as tight a grip of it as they'd like us to believe.

Pretty soon that TV is going to stop showing your favourite programme and the dreaded voice will say;
"My fellow americans,
...................."
"I have no idea what all this means - good luck"





[edit on 21/1/2008 by budski]

NIKKEI 225 (JP) future is -7%

Japan opens in an hour, Bloomberg are predicting a potential crash in Japan!

Aussie market has hit -4%



[edit on 21-1-2008 by infinite]

You wanna accelerate this? Withdraw all your money from the bank.
That should help. If everyone does this you're gonna have a nice big crash.

Originally posted by Radekus
You wanna accelerate this? Withdraw all your money from the bank.
That should help. If everyone does this you're gonna have a nice big crash.

Yeah..
and we'll all be living in slums again.

While the US is on holiday this Monday,
the rest of the worlds markets are falling

look at just the 'Asia/Pacific' indices here; finance.yahoo.com...

at 11:54 i did a mental calculation and were all were down an average 3%


[long interlude for shopping at a home supply store]


it's now 6:11 PM, so i'm not certain where the world markets finally closed at....Up or Down
but i'm suspecting down----just like the US markets will do on Tuesdays the 22nd of January mstock market....
(the democrat debate is tonight at the Palace Theatre here in myrtle beach, & most of the hand held placards lining the streets are in support of 'Hillary"--

[edit on 21-1-2008 by St Udio]

reply to post by infinite


You'll be living in the slums if you stay in the city.

Solution: Leave. Move to the country.

I only see this as a positive thing. Why can't you all think outside the economy for once and see humans are destroying the planet faster than it can repair it? The Earth needs to repair itself.

reply to post by St Udio


I think we have two more days of huge sell off's.

US will have its turn tomorrow, after the holiday, because of the panic around the world. But it cannot get any worse, the markets are reaching their bottoms.

Dow future is -4%

If Japan opens at -7% and the sell off continues, then the Dow future is going to drop even more.

reply to post by infinite



Very intersting indeed, since thats where Maurice Strong calls home and his agenda is to make China the next super power

One of the People of the Republic of China's biggest boosters, Strong believes that China will someday soon replace the United States as a superpower.

www.canadafreepress.com...
www.freedom21santacruz.net...