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Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!

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Anonymous Coward
User ID: 506066
10/7/2008 6:01 PM
Re: Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!Quote

DeFazio..

Demand is contracting...

 Quoting: Anonymous Coward 510300


He said China was threatening us. I sort of had a feeling about that going on.
Para Noid
User ID: 488235
10/7/2008 6:20 PM
Re: Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!Quote

Don't panic.

If everyone is in same boat, all will be fine.

Bring on the 1 world currency and wipe out all debts!

I do not feel like paying my credit cards or mortgage or anything else anyways, if nobody can... it will be wiped clean somehow in future.

5a
 Quoting: Anonymous Coward 518381


Don't forget to forward half your winfall to those who don't owe debts.
Anonymous Coward
User ID: 514538
10/7/2008 7:10 PM
Re: Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!Quote

He said China was threatening us. I sort of had a feeling about that going on.
 Quoting: Anonymous Coward 506066


China is holding more than $262 billion in U.S. securities right now (they hold more than any other foreign nation). If they wanted to, they could sell back all the securities, and DESTROY our economy while it's weak.

Also, if you look at the Chinese stock market, if their economy starts to go sour because of this, they could start cashing back in on those US securities to help their economy (and crash ours)
Anonymous Coward
User ID: 514538
10/8/2008 7:43 PM
Re: Panic! Bank Run! Roubini: US Economy in Cardiac Arrest!Quote

bump
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