| Economics So much for the bailout making anyone feel rescued. . .; Asian Markets Monday, 14:00,
Nikkei -510
Heng Sang -593
TOKYO, Oct 6 (Reuters) - Japan's Nikkei stock average plunged ... |
10-06-08, 02:08 AM
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 #1 (permalink)
| | Knowle of 4u
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Current Mood:  | So much for the bailout making anyone feel rescued. . .
Asian Markets Monday, 14:00,
Nikkei -510
Heng Sang -593 Quote: |
TOKYO, Oct 6 (Reuters) - Japan's Nikkei stock average plunged 5 percent to a 4-1/2-year low on Monday, as investors dumped shares across the board on growing fear the global financial crisis is hitting the wider economy.
| Quote: |
HONG KONG, Oct 6 (Reuters) - Hong Kong shares dropped 3.4 percent on Monday, taking their cue from a weak start on the Shanghai bourse following a week-long holiday as the global fallout from the financial crisis spread.
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10-06-08, 06:37 AM
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#2 (permalink)
| | User
Join Date: Sep 2008 Last Online: 11-04-08 04:12 PM
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Lean: Libertarian Gender:  | Re: So much for the bailout making anyone feel rescued. . .
Bailing out the banks is not going to help.
We need consumers. And, just because they CAN credit, by no means, does it mean they WILL. Which is just one factor in why the economy is going to continue to sink. | |
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10-06-08, 10:12 PM
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#3 (permalink)
| | Constitutionalist
Join Date: Mar 2006 Last Online: Today 07:25 PM Location: VA
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Current Mood:  | Re: So much for the bailout making anyone feel rescued. . .
That's okay, Obama will become president and all of summerwind's dreams will come true. Hope you're happy living in a socialist state.
__________________ It's Obama's fault!  | |
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10-06-08, 10:14 PM
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#4 (permalink)
| | Sage
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| Re: So much for the bailout making anyone feel rescued. . .
Quote:
Originally Posted by American  That's okay, Obama will become president and all of summerwind's dreams will come true. Hope you're happy living in a socialist state. | Overall, it's been pretty good over the past 75 years, hasn't it?
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10-06-08, 10:20 PM
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#5 (permalink)
| | Constitutionalist
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Current Mood: | Re: So much for the bailout making anyone feel rescued. . .
Quote:
Originally Posted by Iriemon Overall, it's been pretty good over the past 75 years, hasn't it? | Yeah sure, well you haven't seen anyone yet. Wait till the "Fairness Doctrine" gets reinstated. Then you'll know what a shill for the communists that Obama really is. | |
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10-06-08, 10:48 PM
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#6 (permalink)
| | Horrible Bastard
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Current Mood:  | Re: So much for the bailout making anyone feel rescued. . .
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Cet Asshat est mechant; on l'attaque, il se defende. | |
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10-08-08, 01:55 AM
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#7 (permalink)
| | Educator
Join Date: Jul 2006 Last Online: Yesterday 07:13 PM
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Lean: Libertarian Gender: | Re: So much for the bailout making anyone feel rescued. . .
It'll probably take more than a few days for the bailout to have any kind of positive effect (other than the obvious sentiment effects involved). | |
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