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Don't worry the big boys will all make lot of money, it only small people saving and pensions that will be ****ed.
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Certainly looks that way. Mind you, if the banks don't manage to completely bankrupt the entire economy, by the standards of the new 'normal', this will be a pretty good result
I like that yer man George still looks pretty excited about it all.
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I'm sure there's an excuse for further [s]attacks on the vulnerable[/s] cuts to help the nation's finances here. What a bellend.
Yep and just the excuse for another round of Quantative Easing.
Yep and just the excuse for another round of [b]Quantative Easing.[/b]
Is that a euphemism for doing over the average citizen, the disabled or vulnerable, while lining the pockets of bankers and the wealthy?
If so, we will be fine.
In a nutshell yes.
So capitalism is still boom and bust
Who knew?
Hardly a crash, more a small correction.
Got grazed knees at the moment, lets see if it really face plants.
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I blame cbmotorsoprt and has huge investment into a guaranteed double your investment scheme.
So capitalism is still boom and bust
Who knew?
I can't see how it can be. George rebalanced the economy so that it was no longer based on unsustainable housing bubbles, and credit led consumer spending
Oh... wait... hang on a minute.....
I think you'll find Mr Brooooon abolished boom and bust?
Don't worry. You can always invest yourself in buy to let.
Is the stock market crashing?
Yeeeeeessssssss!
erm..
Noooooooooooooo!
Oh, hang on..
Yeeeeeeesssssss!
erm maybe..
Noooooooooooooo!
Really? do you actually GAF?
But what will we do if CFH cannot sell his paperclips anymore~?
can't see how it can be. George rebalanced the economy so that it was no longer based on unsustainable housing bubbles, and credit led consumer spendin
That's not what has caused the slide though is it.
Blame the Chinese. Their economy is having a blip so we all get a bit of a downer
Is that a euphemism for doing over the average citizen, the disabled or vulnerable, while lining the pockets of bankers and the wealthy?
If so, we will be fine.
It's Ok, we'll put the word "People's" in front of it, then it will be fine...
BLAME Jeremey Corbyn, who shares the same initials as Jeremey Clarkson, and Jesus Christ.
All seen to be blamed for ills in society
Not a bad time to buy though.....
BLAME Jeremey Corbyn
He's already caused One Direction to split up...
Matt, start shorting drawing pins. NOW!
The new normal
No ones allowed to put up risk anymore.... so markets move more violently.
But F£$£ me... not seen a move like that at the US open before in 20+ years.... S&P futures down 140 odd points just after the open, now "only" down 65ish.
Done pretty well.... but the firm as a whole is licking its wounds.... ouch
Yes, but only a little bit and who really GAF these days, it's meant to be a indication of the 'city's' optimism in the future but the city is no so far removed from the real economy it hardly matters - a dip over 12 months matters, a couple of days of panic selling meaning SFA to 99% of us.
A China led correction has been on the cards for some time, this is it - if China fails to deliver the right policy response then it would become much worse as everyone's economy is still pretty fragile.
But what will we do if CFH cannot sell his paperclips anymore~?
Matt, start shorting drawing pins. NOW!
Bugger I went long on Post-It Notes.
Could someone please tell a simpleton how to take advantage of this development, in as few words as possible, please - I would like to become rich with as little effort as possible. Thanks. 🙂
One word.
Blue tack.
Theflatboy, expect a call from my my advisor shortly.
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That's helpful, thanks - I'm very forthcoming so will tell him all he needs to know...
😆
Could someone please tell a simpleton how to take advantage of this development, in as few words as possible, please - I would like to become rich with as little effort as possible. Thanks.
Short sell shares now and then buy them back at a lower price later. Simples*
*The value of your investment may go down as well as up. Short selling can lead to unlimited losses, etc.
China put a lot pension funds into the market for the first time ever. And the Shanghai market lost 2.8 trillion $$ in 30 days.
I think every rational person knew China just couldn't keep on the way it was.
[url= http://www.cityam.com/222933/black-monday-gordon-browns-former-spad-damian-mcbride-thinks-you-should-stockpile-food-and ]Stockpile food and water...[/url]
Damien McBride says it's a biggie. What he knows that we don't I don't know!
Front page of FT.com should be avoided if you don't like the idea of big problems either...
We'll find out over the next few weeks but there's far more going on than just the stockmarket crashing...
Hope whatever is coming is massive and leads to apocalyptic chaos. I could use a few weeks off work.
If there is a massive apocalyptic chaos it will be no fun coz I do not have anything to defend myself or to shoot with ... Damn!
I need at least a Daewoo K-2 or K-20 ... 🙄
Hope whatever is coming is massive and leads to apocalyptic chaos. I could use a few weeks off work.
It's going to be a hard winter too.
Apparently El Nino is playing silly buggers...
Oils cheap I might stock up then.
chewie, guns run out of bullets... a good compound bow would be better and a damn big machete! 😆
So s not sound good.
Apparently El Nino is playing silly buggers...
Aye, it's huge, but being balanced out somewhat by something called 'The Blob'.
On my way home now, that was a long but quick day??
Gave a bit back this evening (SnP back down 90 points an hour ago!)... but not too bad ... we live to fight another day