All eyes on Wall St - What's your prediction?

aardvark said:
i completely agree, but i think the fed will try to protect those in debt for a while longer, until inflation becomes unbearable. This is just the start of the worlds economic problems - its time to pay for a decade of record debt.
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Yup, I've been waiting for this for the last 10 years with a grim glee.
 
I see the usual OcUK jealous people are in wishing doom and gloom on everyone hoping they'll then finally be able to feel superior to those who are actually successful...

I also see the OcUK finanical experts are in, consistantly getting it wrong since 2001 :)
 
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What's my prediction?

Easy! We will pay off the debts racked up by the government and the banks for years to come! How? In terms of food price inflation, job loss, taxation etc. All the while, the power-brokers will be enjoying their fat bonuses and watching us toil away.
 
lol it does suprise me how quickly people get Jealous. And look forward to peoples failure.
 
Dolph said:
I can only draw my conclusions from your posts, it seems you wish for a crash to punish those more successful in life than you are.
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'Success' is eternally relative, and eternally subjective.

So on that basis, your conclusions have zero basis, zero relevance and zero credibility.

Either that or you're trolling for a stronger reaction, which you won't get :)
 
johnnyfive said:
I've not a clue how the stock market works and what it means. Anyone else clueless about it too?
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Basically a bunch of headless chickens who know nothing about running an actual business try to make millions by trying to predict what all the other headless chickens will do before they've actually done it :p I've thought this for years ;)
 
it must be bad - the fed have just cut 75 basis points!!!

takes their rates to 3.5% i think - pretty insane and an indication that they are prepared to lose the dollar to bail out those debt ridden banks which should have been allowed to fail due to their poor business models.
 
andyp said:
'Success' is eternally relative, and eternally subjective.

So on that basis, your conclusions have zero basis, zero relevance and zero credibility.

Either that or you're trolling for a stronger reaction, which you won't get :)
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Freedom of speech gives me the right to assess the motivation of your posts based on their content, as well as you the right to refute those if I'm incorrect. This is especially relevant in a thread where the basis of posters viewpoints is relevant to the viewpoint itself, at least in the eyes of readers.

I'll leave everyone else to make their own judgement about your stance and my take on what you have posted ;)
 
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