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| Home Front Economy |
| Global stocks nosedive as panic sale sweeps markets |
| 2008-10-11 |
| Global stocks went into freefall yesterday, with double-digit losses in Frankfurt, London and Tokyo, on fears that the financial crisis was spiralling out of control, dealers said. |
| Posted by:Fred |
| #8 There were some good buys out there. |
| Posted by: 3dc 2008-10-11 21:21 |
| #7 Excellent as usual P2k. |
| Posted by: Besoeker 2008-10-11 09:45 |
| #6 To Procopius2k - one of the best pieces of advice I've heard in a while. Took my anxiety levels down a notch or two. Peace man. |
| Posted by: Spaish Flomble3461 2008-10-11 09:43 |
| #5 Hear Hear P2K! Well said. |
| Posted by: .5MT 2008-10-11 08:22 |
| #4 It's irrational, therefore there is little you can do to 'stop' it. It's like a hurricane. You need to weather it out and save your resources for the afterward instead of throwing it away in the wind. Time to plan for 'recovery' not worry about the immediate storm. Time to stop the process of inflating the currencies and retain the value of the stuff you have so that the 'opportunities' that will appear can be exploited. Let those who panic lose their position so others less anxious can prime the system recovery with viable currancy. |
| Posted by: Procopius2k 2008-10-11 08:06 |
| #3 Maybe spend less "helping the helpless", and more on infrastructure/education in the future? |
| Posted by: g(r)omgoru 2008-10-11 07:58 |
| #2 Welcome to the global whatever-the-opposite-of-a-bubble-is. |
| Posted by: Mike N. 2008-10-11 04:34 |
| #1 US catches cold, the rest of the world gets pneumonia. And they would love to see Hussain Osama as the next president. Idiots. |
| Posted by: Spike Uniter 2008-10-11 02:38 |