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Thread ID: 86601 2008-01-22 03:17:00 Sorry World, Here Comes Da Bad News SurferJoe46 (51) PC World Chat
Post ID Timestamp Content User
632729 2008-01-22 03:17:00 Global trends showing that the newest US (tragedy) is gonna do a job on everybody..sorry.

Markets in China, India, South Korea, Singapore, Taiwan and the Philippines all fell.

In Mumbai, the main Sensex index fell 1,408 points, or 7.4%, adding to an 8% fall last week. Hong Kong's Hang Seng slumped 1,383.0 points, or 5.5%, to close at 23,818.9. Tokyo's main Nikkei 225 index fell 3.9%.

Australia's benchmark ASX 200 index closed down 2.9%, or 166.9, points at 5,580.4, which is its lowest level for a year.

It was also the 11th consecutive negative day for the index, the longest losing streak in more than 25 years.

"People are certainly nervous about a potential recession in the US spilling over to the rest of the world," said David Cohen at Action Economics.
SurferJoe46 (51)
632730 2008-01-22 04:10:00 I get really P****d off with you lot in the USA. Every little thing that you do effects us - you get a little storm in New Orleans , or you forget to buy your oil reserves and our petrol goes up, Wall St gets a sniffle and our markets go down. George Bush spouts another "Bushism" and we all have to translate "are we being invaded today or is it someone else?" And our petrol goes up again.

Cant you get your act together and give us a break - please pretty please.
dvm (6543)
632731 2008-01-22 05:19:00 It ain't me babe....I'm just the messenger here again..and YES..it's too bad that the rest of the world is at the mercy of what is gonna be found out to ultimately be the worst and the best thing that ever happened to the world...it's just the way of commerce and greed...and nobody's exempt of the trend.

I sincerely wish that things were different..but it ain't gonna go away..it's out of the box and that's that.

If it wasn't the US..it'd be Briton. Think about it.
SurferJoe46 (51)
632732 2008-01-22 06:20:00 I get really P****d off with you lot in the USA. Every little thing that you do effects us - you get a little storm in New Orleans , or you forget to buy your oil reserves and our petrol goes up, Wall St gets a sniffle and our markets go down. George Bush spouts another "Bushism" and we all have to translate "are we being invaded today or is it someone else?" And our petrol goes up again.

Cant you get your act together and give us a break - please pretty please.

If you hate it so much, ask the Finance Minister to decouple us from the US economy please. Which is pretty much impossible.
beeswax34 (63)
632733 2008-01-22 06:24:00 If you hate it so much, ask the Finance Minister to decouple us from the US economy please. Which is pretty much impossible.

Get Real
dvm (6543)
632734 2008-01-22 06:25:00 If you hate it so much, ask the Finance Minister to decouple us from the US economy please. Which is pretty much impossible.

Also get a sense of humour
dvm (6543)
632735 2008-01-22 06:36:00 Has anybody noticed that at the time the economists state we are doing well, it feels like a pretty sorry mess from the inside?
If all the world's economists were laid end to end, it would be nice to own a road roller.
R2x1 (4628)
632736 2008-01-22 07:54:00 Also get a sense of humour

You first, your the one making stupid, unrealistic comments. Don't buy oil if you don't like the price, stop blaming the US. Its OPEC that has the final say on supply and prices.

Look it up on Wikipedia, you might learn something for a change.
beeswax34 (63)
632737 2008-01-22 16:28:00 Here's a little sparkle for youse guys:

The slowdown and drop in the dollar (USD) has an interesting side effect to the world's oil prices . . . . it's forcing them (collectively) down a little because of the future ability to buy petroleum products by the largest consumer in the world . . . the US .

ARTICLE HERE ( . bbc . co . uk/2/hi/business/7191260 . stm" target="_blank">news . bbc . co . uk)

. . . . . so you MIGHT see a lowering of oil prices for the smaller countries for a while .

Tie this in to the new sweet/light oil field(s) found off Brazil (ARTICLE HERE ( . bbc . co . uk/2/hi/americas/7201744 . stm" target="_blank">news . bbc . co . uk)), and there might be some light at the end of the tunnel . But don't count on it . . . something else will pop up and smash it all .

Trading in Bank of China shares has been suspended in Shanghai after the company did not comment on reports that it was planning big write-downs .
ARTICLE HERE ( . bbc . co . uk/2/hi/business/7202086 . stm" target="_blank">news . bbc . co . uk)

There were rumors sweeping the markets all morning of a looming interest rate cut from the US . World markets are reeling over the news and it looks like the "R" word is truly in effect if not in use .

Surprise rate cut responds to growing sense of crisis in world financial markets that have been buffeted by problems in U . S . mortgage industry . ARTICLE HERE ( . bbc . co . uk/blogs/thereporters/robertpeston/" target="_blank">www . bbc . co . uk)

Here's a US Icon in the name of Rush Limbaugh ( . rushlimbaugh . com/home/today . guest . html" target="_blank">www . rushlimbaugh . com) . . . he's gung-ho on the economy and the rich man . . he's a blustery blowhard who raises the ire of many, the fears of others .
SurferJoe46 (51)
632738 2008-01-22 18:56:00 Bring back Bill !

(Clinton, not Gates) .

.
Morpheus1 (186)
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