posted on Oct, 9 2008 @ 07:58 PM
reply to post by Relentless
LIBOR rates are shooting threw the roof mate.. watching the CNBC market reports (the closest damn thing to a FAIR market report anyways..)
DOW in 365 days has lost over 35% ..
it looks bad, I know that.. you know that.. shoot, we all know that..
But really.. a complete collapse you think?
You think it's here? .. really.. really here? You believe so much that the Credit Markets have gone so cold all credit-commerce will HALT? ... I
understand the consequences of this.. I know full well that .. it is expected to happen to SOME degree..
I pray your wrong..
DOW futures -150 points right now.
I cannot say how glad I am that you, relentless, are the FSME of this forum .. seriously, if anyone could have pulled this forum from it's shadowy
existence of just a few of us economic nerds, it was you buddy! If anyone has concerns they can always post here... get a little assurance when the
media is displaying bs all night, there are sources with the information ..
So I hope you bluff on your resignation.