Posted by Joke at 9:39 AM
Frogdancer posted at 5:18 PM, September 19, 2008
My oldest son is doing economics as one of his year 11 subjects. I said to him something along the lines of "You've chosen the right subject for these 'interesting' times...."
The American situation has an awful fascination for the rest of us. Mainly we're all terrified we're going to be sucked down the gurgler along with you guys....
But hey! Good luck with the speech thing. Break a leg!
shula posted at 11:52 PM, September 19, 2008
but that doesn't mean you've suddenly become poor, too, right?
Just wondering if it's catching...
Tremenda Trigueña posted at 3:13 AM, September 20, 2008
"Young, bright-eyed medical students"? Love it. I long for the days when I didn't have a clue what a Bear or a Bull was! This market is a nightmare compadre...te lo digo que todo el mundo se va p'al carajito.
Poppy Buxom posted at 3:32 PM, September 20, 2008
So what are you planning to say about Federal regulation? Do you think the Federal Reserve should have more power to regulate financial institutions--or products like mortgage-backed securities?
MsCellania posted at 7:54 PM, September 20, 2008
Good time to buy...*she says quietly in the corner*
The Feds will bail the naughty boys out. They always do. Then we'll have another financial clusterfuck in 15 years. Same culprits, different ponzi (but just barely legal) schemes.
What do I fear now? Inflation. Because sure - we can print more money to throw around, but how much less worthless can the dollar afford to sink?
And don't you love who is really financing the bailout - the Chinese, Russians and Saudis, to name a few.
I'd like to read your speech. I barely understand these things. Hedge fund? Huh? And yes! What about Federal regulation?