Re: Will the stock market hold...or is the bubble ready to burst?

Originally Posted by
Kirkland Laing
It's a handy thing being Infallible, isn't it?
Though it looks like I was a little bit too optimistic.
Must be in a good mood, Kirkland.
...Ok, folks. Most of you guys seem not to be aware of it but the economic situation now looks very, very grim. So far, the 700 million rescue package failed to do what it's supposed to do - get the credit market moving. The credit market got to get rolling! Or else, the already weakend consumption, housing and other investments - the foundation of the economy - are further weakened. When that happens, businesses are also weakened, naturally leading to more lay-offs. That further leads to lesser consumption and investments in a sort of chain reaction manner, until it reaches the pit. When that happens
... (I haven't got the heart to tell you what will happen.)
...but don't worry too much, you probably won't go hungry...
Last edited by pacfan; 10-08-2008 at 04:57 PM.
Once in awhile, get outside in fresh air, take a deep breath & with a deep sigh, let out all the things that's bottled up inside you & be free, & you'll get a glimpse of nirvana.
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