Home › Forums › Financial Markets/Economics › Massive selloff predicted for Oct. 10th Friday
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patientlywaiting.
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October 9, 2008 at 7:26 PM #14155October 9, 2008 at 7:32 PM #284530
peterb
ParticipantBring the pain!!!!
October 9, 2008 at 7:32 PM #284819ParticipantBring the pain!!!!
October 9, 2008 at 7:32 PM #284843ParticipantBring the pain!!!!
October 9, 2008 at 7:32 PM #284861ParticipantBring the pain!!!!
October 9, 2008 at 7:32 PM #284873ParticipantBring the pain!!!!
October 9, 2008 at 7:41 PM #284545LA_Renter
Participant“The world is at severe risk of a global systemic financial meltdown and a severe global depression
Nouriel Roubini | Oct 9, 2008″
The US and advanced economies’ financial system is now headed towards a near-term systemic financial meltdown as day after day stock markets are in free fall, money markets have shut down while their spreads are skyrocketing, and credit spreads are surging through the roof. There is now the beginning of a generalized run on the banking system of these economies; a collapse of the shadow banking system, i.e. those non-banks (broker dealers, non-bank mortgage lenders, SIV and conduits, hedge funds, money market funds, private equity firms) that, like banks, borrow short and liquid, are highly leveraged and lend and invest long and illiquid and are thus at risk of a run on their short-term liabilities; and now a roll-off of the short term liabilities of the corporate sectors that may lead to widespread bankruptcies of solvent but illiquid financial and non-financial firms.”
This is getting a little too serious for me.
October 9, 2008 at 7:41 PM #284834Participant“The world is at severe risk of a global systemic financial meltdown and a severe global depression
Nouriel Roubini | Oct 9, 2008″
The US and advanced economies’ financial system is now headed towards a near-term systemic financial meltdown as day after day stock markets are in free fall, money markets have shut down while their spreads are skyrocketing, and credit spreads are surging through the roof. There is now the beginning of a generalized run on the banking system of these economies; a collapse of the shadow banking system, i.e. those non-banks (broker dealers, non-bank mortgage lenders, SIV and conduits, hedge funds, money market funds, private equity firms) that, like banks, borrow short and liquid, are highly leveraged and lend and invest long and illiquid and are thus at risk of a run on their short-term liabilities; and now a roll-off of the short term liabilities of the corporate sectors that may lead to widespread bankruptcies of solvent but illiquid financial and non-financial firms.”
This is getting a little too serious for me.
October 9, 2008 at 7:41 PM #284857Participant“The world is at severe risk of a global systemic financial meltdown and a severe global depression
Nouriel Roubini | Oct 9, 2008″
The US and advanced economies’ financial system is now headed towards a near-term systemic financial meltdown as day after day stock markets are in free fall, money markets have shut down while their spreads are skyrocketing, and credit spreads are surging through the roof. There is now the beginning of a generalized run on the banking system of these economies; a collapse of the shadow banking system, i.e. those non-banks (broker dealers, non-bank mortgage lenders, SIV and conduits, hedge funds, money market funds, private equity firms) that, like banks, borrow short and liquid, are highly leveraged and lend and invest long and illiquid and are thus at risk of a run on their short-term liabilities; and now a roll-off of the short term liabilities of the corporate sectors that may lead to widespread bankruptcies of solvent but illiquid financial and non-financial firms.”
This is getting a little too serious for me.
October 9, 2008 at 7:41 PM #284876Participant“The world is at severe risk of a global systemic financial meltdown and a severe global depression
Nouriel Roubini | Oct 9, 2008″
The US and advanced economies’ financial system is now headed towards a near-term systemic financial meltdown as day after day stock markets are in free fall, money markets have shut down while their spreads are skyrocketing, and credit spreads are surging through the roof. There is now the beginning of a generalized run on the banking system of these economies; a collapse of the shadow banking system, i.e. those non-banks (broker dealers, non-bank mortgage lenders, SIV and conduits, hedge funds, money market funds, private equity firms) that, like banks, borrow short and liquid, are highly leveraged and lend and invest long and illiquid and are thus at risk of a run on their short-term liabilities; and now a roll-off of the short term liabilities of the corporate sectors that may lead to widespread bankruptcies of solvent but illiquid financial and non-financial firms.”
This is getting a little too serious for me.
October 9, 2008 at 7:41 PM #284888Participant“The world is at severe risk of a global systemic financial meltdown and a severe global depression
Nouriel Roubini | Oct 9, 2008″
The US and advanced economies’ financial system is now headed towards a near-term systemic financial meltdown as day after day stock markets are in free fall, money markets have shut down while their spreads are skyrocketing, and credit spreads are surging through the roof. There is now the beginning of a generalized run on the banking system of these economies; a collapse of the shadow banking system, i.e. those non-banks (broker dealers, non-bank mortgage lenders, SIV and conduits, hedge funds, money market funds, private equity firms) that, like banks, borrow short and liquid, are highly leveraged and lend and invest long and illiquid and are thus at risk of a run on their short-term liabilities; and now a roll-off of the short term liabilities of the corporate sectors that may lead to widespread bankruptcies of solvent but illiquid financial and non-financial firms.”
This is getting a little too serious for me.
October 9, 2008 at 7:42 PM #284550ParticipantRoubini is so conservative. He know’s it’s coming and there aint a thing we can do about it.
October 9, 2008 at 7:42 PM #284839ParticipantRoubini is so conservative. He know’s it’s coming and there aint a thing we can do about it.
October 9, 2008 at 7:42 PM #284863ParticipantRoubini is so conservative. He know’s it’s coming and there aint a thing we can do about it.
October 9, 2008 at 7:42 PM #284881ParticipantRoubini is so conservative. He know’s it’s coming and there aint a thing we can do about it.
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