Home › Forums › Financial Markets/Economics › I Think Things Are About to Look a lot Worse
- This topic has 110 replies, 19 voices, and was last updated 15 years, 7 months ago by anxvariety.
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September 17, 2008 at 1:25 PM #271858September 17, 2008 at 1:32 PM #271550HLSParticipant
If you don’t have personal liquidity to survive for 6-12 months, you could have a problem.
Really scary scenario:
a) Market closes for trading for days like currently in Russia.b)Banks close until a plan is created to “save everyone” (Like no planes flying for a few days after 9/11)
c)ATM & Debit cards aren’t valid
d)Govt continuing to tell the world that we are fine and have a strong economy
e) Govt loaning $85 BILLION to a private company to save the economy from imminent collapse.
Be prepared for the worst, and hope that it doesn’t happen
OR
Keep drinking the Kool-Aid.September 17, 2008 at 1:32 PM #271787HLSParticipantIf you don’t have personal liquidity to survive for 6-12 months, you could have a problem.
Really scary scenario:
a) Market closes for trading for days like currently in Russia.b)Banks close until a plan is created to “save everyone” (Like no planes flying for a few days after 9/11)
c)ATM & Debit cards aren’t valid
d)Govt continuing to tell the world that we are fine and have a strong economy
e) Govt loaning $85 BILLION to a private company to save the economy from imminent collapse.
Be prepared for the worst, and hope that it doesn’t happen
OR
Keep drinking the Kool-Aid.September 17, 2008 at 1:32 PM #271798HLSParticipantIf you don’t have personal liquidity to survive for 6-12 months, you could have a problem.
Really scary scenario:
a) Market closes for trading for days like currently in Russia.b)Banks close until a plan is created to “save everyone” (Like no planes flying for a few days after 9/11)
c)ATM & Debit cards aren’t valid
d)Govt continuing to tell the world that we are fine and have a strong economy
e) Govt loaning $85 BILLION to a private company to save the economy from imminent collapse.
Be prepared for the worst, and hope that it doesn’t happen
OR
Keep drinking the Kool-Aid.September 17, 2008 at 1:32 PM #271839HLSParticipantIf you don’t have personal liquidity to survive for 6-12 months, you could have a problem.
Really scary scenario:
a) Market closes for trading for days like currently in Russia.b)Banks close until a plan is created to “save everyone” (Like no planes flying for a few days after 9/11)
c)ATM & Debit cards aren’t valid
d)Govt continuing to tell the world that we are fine and have a strong economy
e) Govt loaning $85 BILLION to a private company to save the economy from imminent collapse.
Be prepared for the worst, and hope that it doesn’t happen
OR
Keep drinking the Kool-Aid.September 17, 2008 at 1:32 PM #271862HLSParticipantIf you don’t have personal liquidity to survive for 6-12 months, you could have a problem.
Really scary scenario:
a) Market closes for trading for days like currently in Russia.b)Banks close until a plan is created to “save everyone” (Like no planes flying for a few days after 9/11)
c)ATM & Debit cards aren’t valid
d)Govt continuing to tell the world that we are fine and have a strong economy
e) Govt loaning $85 BILLION to a private company to save the economy from imminent collapse.
Be prepared for the worst, and hope that it doesn’t happen
OR
Keep drinking the Kool-Aid.September 17, 2008 at 1:42 PM #271585jimmyleParticipantShould I go buy guns, ammunitions and canned foods? Seriously.
September 17, 2008 at 1:42 PM #271821jimmyleParticipantShould I go buy guns, ammunitions and canned foods? Seriously.
September 17, 2008 at 1:42 PM #271831jimmyleParticipantShould I go buy guns, ammunitions and canned foods? Seriously.
September 17, 2008 at 1:42 PM #271873jimmyleParticipantShould I go buy guns, ammunitions and canned foods? Seriously.
September 17, 2008 at 1:42 PM #271896jimmyleParticipantShould I go buy guns, ammunitions and canned foods? Seriously.
September 17, 2008 at 1:52 PM #271605anParticipant[quote=jimmyle]Should I go buy guns, ammunitions and canned foods? Seriously.[/quote]
You’re Asian, don’t you have rice and soy sauce at home already? That should last you a few months :-).September 17, 2008 at 1:52 PM #271843anParticipant[quote=jimmyle]Should I go buy guns, ammunitions and canned foods? Seriously.[/quote]
You’re Asian, don’t you have rice and soy sauce at home already? That should last you a few months :-).September 17, 2008 at 1:52 PM #271851anParticipant[quote=jimmyle]Should I go buy guns, ammunitions and canned foods? Seriously.[/quote]
You’re Asian, don’t you have rice and soy sauce at home already? That should last you a few months :-).September 17, 2008 at 1:52 PM #271893anParticipant[quote=jimmyle]Should I go buy guns, ammunitions and canned foods? Seriously.[/quote]
You’re Asian, don’t you have rice and soy sauce at home already? That should last you a few months :-). -
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