DOW futures down almost, well now OVER 300!
Submitted by IR8 on Wed, 10/08/2008 - 03:24
what the eff. i thought today would be the worst day of the week, but i didnt think it was going to start at 4 am.
Could this be one of the ugliest days we've seen in recent history?
Youd have to expect another drastic statement/action from the fed tomorrow or thursday (rate cut?) if this onslaught continues.
that is if the 3rd brigade stationed at home doesnt move ahead with operation "take over amerika" under martial orders of prez Dubbya.
»
I woke up and checked the
I woke up and checked the futures and my jaw dropped....
I've read Thursday is D-Day
I've read Thursday is D-Day due to Lehman's CDS's going up for auction. If they are bought then things could stabilized. If not we're screwed.
Puppets come and puppets go but the world's stage is getting cluttered.
888 when the Olympics and Georgian crisis began.
October 8th 2008
Using the old translation of October, meaning the 8th month.
It is foolish to use a credit card and wise to use only cash, usually businesses will negociate a discount with cash since they pay a fee every time you charge. Credit cards also leave an electronic trail.
The first step towards independence is to keep your wealth close to you.
Buy food and supplies first, if you have a large enough property buy livestock, chickens produce eggs, cows produce milk, bulls produce meat. If you don't have property, go into a joint venture with a small local farmer. You could even participate with labor if you have skills. Buy local merchadise to support your economy. If you have a lot of cash left over, then store your wealth in silver and gold.
T-bills are a suckers bet, since even if you buy TIPs, which protect agaist inflation, you lock up your money for 5 years with a three month interest and monetary correction penalty for early withdrawls...
grant
888 when the Olympics and Georgian crisis began.
October 8th 2008
Using the old translation of October, meaning the 8th month.
It is foolish to use a credit card and wise to use only cash, usually businesses will negociate a discount with cash since they pay a fee every time you charge. Credit cards also leave an electronic trail.
The first step towards independence is to keep your wealth close to you.
Buy food and supplies first, if you have a large enough property buy livestock, chickens produce eggs, cows produce milk, bulls produce meat. If you don't have property, go into a joint venture with a small local farmer. You could even participate with labor if you have skills. Buy local merchadise to support your economy. If you have a lot of cash left over, then store your wealth in silver and gold.
T-bills are a suckers bet, since even if you buy TIPs, which protect agaist inflation, you lock up your money for 5 years with a three month interest and monetary correction penalty for early withdrawls...
grant
i usually don't agree with
i usually don't agree with the webbot predictions but it seems they were pretty accurate with choosing a date the economy would begin to crash.
"One man with courage is a majority." ~ Andrew Jackson