global financial meltdown is trying to be averted here willie
banks were getting locked up and everybody was scared to lend to everybody
inter bank rates were like 6% vs. the feds target of 2% its now back to 3.5% on the developing bailout
plus we exported alot of this toxic shit all over the world that they are now trying to "bailout"
i really don't know how you bail out bad debt
i guess we shall see once the details come
banks were getting locked up and everybody was scared to lend to everybody
inter bank rates were like 6% vs. the feds target of 2% its now back to 3.5% on the developing bailout
plus we exported alot of this toxic shit all over the world that they are now trying to "bailout"
i really don't know how you bail out bad debt
i guess we shall see once the details come
tizdoom, most in the world simply don't share your horrific predictions, including a lot of pretty smart people who understand the nuts and bolts far better than you or I.
Everything you say has been said many times before, and those people believed it just as strongly as you do.
Everything you say has been said many times before, and those people believed it just as strongly as you do.
well all i know is every global market is some state of chaos right now and pumping liquidity in like mad to try to get things from locking up
i have no clue if they can get things back in order or not
either way the US is gonna be put at the center of blame for all this when the dust settles and the rest of the world holds a ton of our debt which we now are asking for an even bigger loan now that we need to do more bailing out
i really have no clue what's gonna happen
but i do know there are major systemic problems out there globally that much is clear....like you say maybe they can save it till we reach this point again 5 years from now or something
i really don't know
i have no clue if they can get things back in order or not
either way the US is gonna be put at the center of blame for all this when the dust settles and the rest of the world holds a ton of our debt which we now are asking for an even bigger loan now that we need to do more bailing out
i really have no clue what's gonna happen
but i do know there are major systemic problems out there globally that much is clear....like you say maybe they can save it till we reach this point again 5 years from now or something
i really don't know
Medvedev: Russia won't be forced into isolation
Comments appear to be response to Rice's warning to Russia
US Secretary of State Condoleezza Rice s
U.S. Secretary of State Condoleezza Rice cast doubt Thursday on whether Russia will continue to be brought into the global economic fold, drawing a strong response from Russia's president.
updated 9:15 a.m. ET, Fri., Sept. 19, 2008
MOSCOW - President Dmitry Medvedev said Friday that Russia would not yield to Western pressure or be pushed into isolation over the war in Georgia.
Medvedev's comments appeared to be a response to U.S. Secretary of State Condoleezza Rice, who warned Russia on Thursday that its policies have put it on a path to isolation and irrelevance.
Medvedev dismissed a claim that Russia was sliding back to authoritarianism.
Comments appear to be response to Rice's warning to Russia
US Secretary of State Condoleezza Rice s
U.S. Secretary of State Condoleezza Rice cast doubt Thursday on whether Russia will continue to be brought into the global economic fold, drawing a strong response from Russia's president.
updated 9:15 a.m. ET, Fri., Sept. 19, 2008
MOSCOW - President Dmitry Medvedev said Friday that Russia would not yield to Western pressure or be pushed into isolation over the war in Georgia.
Medvedev's comments appeared to be a response to U.S. Secretary of State Condoleezza Rice, who warned Russia on Thursday that its policies have put it on a path to isolation and irrelevance.
Medvedev dismissed a claim that Russia was sliding back to authoritarianism.
