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As part of the package, a further £200bn will be made available by the Bank of England for short-term borrowing to provide liquidity to banks and building societies.
There will also be a special company set up to provide up to £250bn in loan guarantees to banks and building societies.
Originally posted by Night Watchman
Originally posted by ATSfan
yes. notice watchman gets personal when he is suffering and struggling to hold his position........id say he is overweight and unfit. he is easily stressed...
You honestly don't think you are smart enough to bait me do you?
If you want to convince yourself that a 300 point drop in the stock market is the major event Reinhardt predicted, then that's fine.
October 08 2008 08:10
08/10/2008
Opening the site up a little.
For newcommers who wish to understand the site a little more, begin reading “Suggestions & Predictions; Page 1, then Page 2 and so on.
Ask Ish for passwords.
This new law sends very clear messages that all concerned must heed. This law says to every dishonest corporate leader: you will be exposed and punished; the era of low standards and false profits is over; no boardroom in America is above or beyond the law.
Originally posted by Night Watchman
Since I have been the most vocal critic of Reinhardt, and truth be told, I still don't trust his motives, I would be disingenuous if I didn't give credit where it is due. What has happened this week, at this point, IS historic. I fully expected, as is generally the case, the markets would begin to rally Monday afternoon and then begin a slight, steady upward trend.
Obviously, I was wrong.
Still, I caution those who are smitten with R and his predictive abilities to tread lightly. You don't know who this person is, nor do you understand his motives. Neither do I, of course, but there is still cause for caution and concern.
No matter, I have to admit that he has my attention.
Originally posted by ATSfan
my password(s) dont work for the boom bust cycles thread. it says subscription....whats that all about?