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Financial Crisis Causing Major Global Unrest/Reuters

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Financial Crisis Causing Major Global Unrest/Reuters

Unread postby deMolay » Thu 26 Feb 2009, 21:29:40

German auto workers demanding that US taxpayers keep GM's German plants going and shutdown US plants. Get a wet dream. Will Obama buy this scam? Will Uncle Sam have to pump up Germany as well? Good Effing Luck. http://www.reuters.com/article/latestCr ... 02?sp=true
"We Are All Travellers, From The Sweet Grass To The Packing House, From Birth To Death, We Wander Between The Two Eternities". An Old Cowboy.
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Re: Financial Crisis Causing Major Global Unrest/Reuters

Unread postby RonMN » Thu 26 Feb 2009, 21:39:52

They're now looking for the U.S. to "help" out with the east european bank situation as well.

They say "it's only X billion...you have trillion$".

What an effing mess!!!

If GM goes bankrupt, it will probably mean trillions have to be paid in CDS's (credit default swaps)...

Here's how I've been feeling lately ==> 8O
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Re: Financial Crisis Causing Major Global Unrest/Reuters

Unread postby DJSNOLA » Thu 26 Feb 2009, 22:56:27

This really is so messed up! But then what else do we do, I guess the whole point now is to delay the inevitable as long as possible.
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Re: Financial Crisis Causing Major Global Unrest/Reuters

Unread postby spear » Sat 28 Feb 2009, 14:41:16

Thats a good one, "delay the inevitable".

I was watching a satelite channel France24 in english.Theyve got pretty good coverage of the world events.
They had some experts from various places,(NY,Paris,London)on there yesterday,and here's the call from France24.
If the world dosent switch to a new currency in six months,its all crashing down. Thats a pretty bold statement for international tv.

RT has good coverage also (Russia Today)
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