Tokyo down 11%

[StrongTurd]

It's showtime, folks. Fasten your seat belt, bring your seat and tray table in the fully upright position then assume the crash position and kiss your ass goodbye.

http://en.stockq.org/

 

[StrongTurd]

Hungary's bond market seems to be collapsing. This is a good example of what is in store for emerging economies like ours.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a3OJkiWRo3Lo

 

[kingmonty]

The JSE has actually shown good resistance and bucked the global downward trend at least twice in the last fortnight. I expect we will be down today - bit I doubt we will crash.

 

[StrongTurd]

"Investors have stopped lending cash to banks even in return for collateral such as US Treasuries. That has broken the chain of lending between numerous banks to such an extent that borrowed securities have not been returned."

http://www.tickerforum.org/cgi-ticker/akcs-www?post=66356&page=3

Got bunker?

 

[MacNabs]

It's showtime, folks. Fasten your seat belt, bring your seat and tray table in the fully upright position then assume the crash position and kiss your ass goodbye.

http://en.stockq.org/

lol.

 

[marine1]

I really think this is about time, the world has been going mad for far too long, people making too much money and living too fast. The world needs to slow down and catch its breath.

 

[StrongTurd]

Bad news in pictures:

http://www.oilnergy.com/1djia.htm

 

[StrongTurd]

I really think this is about time, the world has been going mad for far too long, people making too much money and living too fast. The world needs to slow down and catch its breath.

If I had any choice I'd rather skip, thank you very much. My grandparents told me many stories about the great depression. It wasn't fun.

 

[StrongTurd]

London opened down 10%.

 

[Sneeky]

Hopefully Skinner is offering some sound economic advice to these first world countries.

 

[sleeper]

Hopefully Skinner is offering some sound economic advice to these first world countries.

LOL!!!

 

[Abe]

Hopefully Skinner is offering some sound economic advice to these first world countries.

He is going to tell us where is millions are invested and how he is protected from the economic slump and market problems. And, I almost forgot, how he predicted this in a post a couple of days/months/years ago.

 

[nauseous_monkey]

I really think this is about time, the world has been going mad for far too long, people making too much money and living too fast. The world needs to slow down and catch its breath.

Are you insane? Catch a breath? How do you do that when you can't afford water?

 

[StrongTurd]

I saw on the TV that there is now speculation that Goldman Sachs and Morgan Stanley would be nationalised this weekend.

 

[Moederloos]

Hopefully Skinner is offering some sound economic advice to these first world countries.

"Put your hands up and behind you on the way down to the pavement"

 

[Sneeky]

Stupid first world people, the only thing crashing down is their economies.
Must be the 4x4's and their stupid greed at wanting to own houses or something

 

[Bravestar]

LOL

 

[Sneeky]

On a more serious note, skinneromics out the window, I wonder what impact the massive surge in the crude oil price had to accelerate this global catastrophe?
At one point speculators were talking it up to $200/barrel.

 

[PeterCH]

On a more serious note, skinneromics out the window, I wonder what impact the massive surge in the crude oil price had to accelerate this global catastrophe?
At one point speculators were talking it up to $200/barrel.

Oil is now down 85 USD per barrel.

 

[StrongTurd]

Barclays down 21% this morning in London. This impacts directly on ABSA.

All the world's major exchanges have now suffered their biggest single day losses since 1987. The crap has genuinely hit the fan.