OT: global markets taking a $hit kicking ....

[RockJock]

has the credit meltdown begun?

[Zeuk in Oz]

has the credit meltdown begun?
US financial imperialism at its worst !

The US sneezes and the rest of the world gets pneumonia !

[E34-520iSE]

yep, were showing symptoms here in the UK right now.

[whiskychaser]

has the credit meltdown begun?
What was the cause again? Somebody in the US giving losts of people mortgages then finding out they couldnt pay them? Northern Rock? - thats only £2K per head of the UK population. :(

[Ross]

US financial imperialism at its worst !

The US sneezes and the rest of the world gets pneumonia !
Don't start on the U.S. Zuek. It's because of depessed E34 prices in the U.K.

[repenttokyo]

The credit meltdown began a long time ago.

[Barney Paull-Edwards]

Ah, knew that was the cause, depressed E34 prices in UK causing meltdown in US due to jealous owners! And to think we were told here that it was bent surveyors over-valueing West Texas Trailer Trash and selling the packages to greedy vultures/stockbrokers???????!!!!!!!!!

[RockJock]

dow futures down ~550.......it's all good cuz' i've got my shorts on ;)

[RockJock]

The credit meltdown began a long time ago.

yes, indeed ..... but to the sheeple it hasn't, it's just the beginning :(

[bsell]

yes, indeed ..... but to the sheeple it hasn't, it's just the beginning :(

Funny how not a week ago, the major news media outlets had the US economy as 'slowing' and were a little worried about inflation. Everyone was afraid to use the 'R-word' as it had'nt started yet. Then the presidential primary candidates start talking about the economy and magically were are knee-deep in a recession!

What actually happened to the financial state of the nation in seven days time? Not too much other than a bunch of talking. I mean, who hasn't heard about the idiot bankers and their greed causing these headaches? Ain't nothing like playing 'Monopoly' with the homes folks live in...

Trying to be on-topic for a car forum; this whole push for alcohol in gasoline has already doubled the cost of corn and grains which means anything made with these staples rises in cost.

The above would be a good plan for Dr. Evil, i.e., let's make it so the average Joe can't afford to house and feed his family by making the staples of life too expensive to afford. Yeah, that's the ticket!

Brian

[whiskychaser]

Don't start on the U.S. Zuek. It's because of depessed E34 prices in the U.K.
E34 prices in the UK are low cos most of them are crap. But you are half right. If we hadnt been such a liberal, patronising country, we would have held onto all our colonies. We only stopped celebrating Empire day in the early 60's. How come it got in such a mess so quick?:)

[Mitch90535im]

E34 prices in the UK are low cos most of them are crap. But you are half right. If we hadnt been such a liberal, patronising country, we would have held onto all our colonies. We only stopped celebrating Empire day in the early 60's. How come it got in such a mess so quick?:)

Reaganonics

[CharlesAFerg]

Don't even start, otherwise I'll bring up "English" tea. ;)

[whiskychaser]

Don't even start, otherwise I'll bring up "English" tea. ;)
Good point though! We made a bundle out of that too before we became all liberal. :)

[CharlesAFerg]

Good point though! We made a bundle out of that too before we became all liberal. :)

hehe, I love history. :D

[whiskychaser]

hehe, I love history. :D
Required reading for the historian :
1. 1066 and all that (cant remember who wrote it)
2. Adolph Hitler - my part in his downfall (Spike Milligan)
If you havent read them already and are not a historian, read them anyway for a good laugh. Which is just what you need if you start worrying about credit meltdown:)

[632 Regal]

+1, today was a good day. Up in the AM down in the PM, either way suits me fine.
dow futures down ~550.......it's all good cuz' i've got my shorts on ;)