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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (22686)9/17/2007 7:08:46 PM
From: Snowshoe  Read Replies (1) | Respond to of 217740
 
Darn good analogy! ... >>the central banks keep throwing in sticks of dynamite until the ocean finally disgorges a huge dead whale... In February we finally realised what species of a fish we were looking out for - a mortgage lender, with a specialty in high-risk loans - but still the damn creature refused to show. ... But this weekend, a whale finally surfaced, though somewhere totally unexpected. Until last week, almost nobody in the markets had heard of Northern Rock PLC.<<



To: TobagoJack who wrote (22686)9/17/2007 8:11:02 PM
From: energyplay  Read Replies (2) | Respond to of 217740
 
Meanwhile, people around the world are looking the long lines of people lined up to get their money out ...and asking themselves - "Can that happen here ?"



To: TobagoJack who wrote (22686)9/17/2007 11:03:42 PM
From: elmatador  Respond to of 217740
 
I told eplay the UK could be the other shoe to drop. I also raised the issue about run on banks. and spent a whole evening writing about it.


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