Asian Stocks Drop, Extending Worst Slump Since 2009

Discussion in 'Economy' started by BDBoop, Aug 7, 2011.

  1. BDBoop
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    BDBoop BANNED

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    Asian Stocks Drop, Extending Worst Slump Since 2009 - Bloomberg

    Tomorrow promises to be a thing of beauty. Thanks, Tea Party!
     
  2. Si modo
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    Si modo Diamond Member

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    Obama really fucked more than just Americans over. Thanks, Obama.
     
  3. expat_panama
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    expat_panama Silver Member

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  4. editec
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    editec Mr. Forgot-it-All

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    The world's markets have seen the "compromise" and are less than happy with it.

    Now we can tell ourselves that the market is tanking because of some far distant problem, but I really think the market knows that the compromise does nothing to help the current economy.

    After all, the market projects about three month ahead, TOPS.

    It is reacting to the negative numbers about TODAY's economy, not some distantly future economy.

    What it is reacting to is the obvious stand off that continues to prevent this nation from taking the steps it needs to revitalize this economy.
     
  5. Oddball
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    Oddball BANNED Supporting Member

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    Meh....All they need to do is print up a few trillion Yuan and everything will be just peachy! :rolleyes:
     
  6. dilloduck
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    dilloduck Diamond Member

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    Are there any steps to get blood out of a turnip ?
     
  7. BDBoop
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    BDBoop BANNED

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    I used to be a bill collector, so I'll tell you what I'd tell the people. "Get a job. Okay, get another job. Sell plasma. Sell on Ebay. Have a garage sale." I know from personal experience that it is possible to get blood out of a turnip, BUT IT INVOLVES RAISING REVENUE."
     
  8. Avorysuds
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    Avorysuds Gold Member

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    So is this one Bush's fault too? Maybe this is where the recovery really takes off?
     
  9. waltky
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    waltky Wise ol' monkey Supporting Member

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    The sky is fallin'...
    :eek:
    Stocks: Fear takes center stage
    August 20, 2011: Gold keeps hitting record highs as fearful investors turn to the metal as a safe haven.
    See also:

    Stock market begins to feed economic fear
    Aug 21, `11 - The stock market is starting to feed economic fear, not just reflect it. Stocks have fallen four weeks in a row.
     
  10. expat_panama
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    expat_panama Silver Member

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    Futures are down again. Tomorrow should be fun.
     

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