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 Stock Market Flux Flusters AnalystsPosted on Mar 14, 2007Dipping American stock prices caused a ripple effect on world markets Tuesday and Wednesday, as analysts predicted more instability soon. The U.S. mortgage market is the source of the current concern, which some stock-watchers believe portends a “bloodbath.”
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By tick ..tick, March 15, 2007 at 7:48 pm #
(Unregistered commenter)
Oh the sign of the “news feeds” and what they mean. Cycle is in…..........tick tick
ICE Makes Unsolicited Bid for CBOT
Thursday March 15, 6:58 pm ET
By Dave Carpenter, AP Business Writer
ICE’s $9.9B Bid Sparks Potential Bidding War for Board of Trade
http://biz.yahoo.com/ap/070315/ice_cbot.html?.v=15
Inductive ~ Deductive LOGIC
Report thisVested I squared
By Dennis D, March 14, 2007 at 11:21 pm #
(Unregistered commenter)
You mean a slow down of the world’s biggest “consumer based” economy might cause a domino effect. Really, I guess we’ll have to go out and buy more foreign made products every 30 seconds instead of every minute. We certainly can’t make them anymore for ourselves. Our politicians and corporations have outsourced our manufacturing base and higher paying jobs and no one saw this coming. Gee, what a surprise - I guess that’s why they’re called “anal - cysts” after all.
Report thisAn economy based totally on buying things, that’s got long term success written all over it.
By Carl Baydala, March 14, 2007 at 9:22 pm #
(Unregistered commenter)
Same thing with Reagan and the Savings and Loans debacle. Deregulation and the greed for profits at all costs causes these types of market meltdowns. And, now it is the poor consumer who is the victim.
The American consumer is a key player in the world economic system, I think. You have to keep this guy consuming at all costs. It matters not that he is earning less and less, but consumes the same or more. This fellow must be propped up if he falls because the system breaks down when he does.
It is the same mentality as the horse owner who puts his aging horse into a race. This old horse maybe all bandaged up and doped to the gills, but he is expected to run and to win.
It really is a form of abuse though, expecting our consumer to keep performing under increasingly more difficult conditions. You make it tougher for him to play and to win, but you can help him from time to time, by extending to him credit that makes his dreams come true. You are not actually helping the person out though because all you have done is added more risk to his life. Life is risky enough without another form of abuse like this.
Report thisBy Carl Baydala, March 14, 2007 at 9:13 pm #
(Unregistered commenter)
Same thing with Reagan and the Savings and Loans debacle. Deregulation and the greed for profits at all costs causes these types of market meltdowns. And, now it is the poor consumer who is the victim.
The American consumer is a key player in the world economic system, I think. You have to keep this guy consuming at all costs. It matters not that he is earning less and less, but consumes the same or more. This fellow must be propped up if he falls because the system breaks down when he does.
It is the same mentality, I think, as the horse owner who puts his aging horse into a race. This old horse maybe all bandaged up and doped to the gills, but he is expected to run and to win.
It really is a form of abuse though, expecting our consumer to keep performing under increasingly more difficult conditions. You make it tougher for him to play and to win, but you can help him from time to time, by extending to him credit that makes his dreams come true. You are not actually helping the person out though because all you have done is added more risk to his life. Life is risky enough without another form of abuse like this.
Report thisBy Scott, March 14, 2007 at 9:09 pm #
(Unregistered commenter)
Bloodbath? Things could still unfold exactly like the rich have planned it. They might yet get to sit back and have a good laugh as they watch their poor largely stupid victims kill all the liberals and godless homos they’ve been told are to blame for their misfortune.
Lets hope not though.
It’ll be particularily nauseating to watch the present generation of rich bastards die comfortably in their plush death beds and get away with one of the biggest scams since Moses’ burning bush - that of laizzes faire capitalism.
Report thisBy republicanSScareme, March 14, 2007 at 4:39 pm #
(Unregistered commenter)
If the criminal rich ruin America’s economy again, there will be a bloodbath. Only not the kind they mean.
Report this