Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: HPilot who wrote (425994)	10/14/2008 4:46:40 PM
From: tejek	Respond to of 1574691

Now you are getting silly and making it up as you go along. Ok Ted, why did the economy collapse? Why do they keep talking about mortgage loans. Are you really that stupid? You don't have any substance to your arguement's. Just thats not true. So why don't you post a link for a change. Where are your cites? You don't have any because there is no proof to what you say, just your poor intuition. Why is the economy collapsing? In the simplest of terms because the credit markets are seizing up. Why are the credit markets seizing up? Because a lot of bad mortgage loans were made during the Bush era leading to a lack of confidence and lending among banks. That forced a number of large companies like LEH out of business which froze up more liquidity and like the game of dominoes, the entire global economy was caught up in a credit squeeze. Now if you want links........just dial up google news and do a search of 'global economy in trouble'. You'll get more than enough links explaining the problem. Enjoy!