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-   -   Crunch (https://www.borndirty.org/forums/showthread.php?t=9292)

bas_I_am 10-08-2008 10:37 AM
Re: Crunch
 
Quote:
Originally Posted by BeautifulBurnout (Post 103519)
I heard someone on the radio refer to it as "imaginary money".

In other words I am a lot "poorer" this year than I was last year because about £30k at least has been wiped off the value of my house. If I had sold the house last year and hidden the money under my bed, it would have been real money, but cos I haven't it is only imaginary. :D
Some might argue it is ALL imaginary money as there is no gold to back it up, just the word of the governments.

And we all know how solid that is.

BTW. . . look for DJI floor @ 9100. Then start buying consumer non-cyclical goods such as Kraft, Heinz, Heineken, Chlorox, Church & Dwight.

But wait for it to hit 9100 and start rebounding. If it falls through it could go to 8700.

Deckard 10-08-2008 11:16 AM
Re: Crunch
 
bas_i_am - we're relying on you to tell us when we need to withdrawal everything and stick into the proverbial shoe box under the bed.

If you could do that for us, thanks. ;)

Sean 10-08-2008 11:34 AM
Re: Crunch
 
My strategy is that I'm keeping my eyes open for any good, uninhabited caves around where I live. I hear there's a great one in Vasquez Rocks where banditos used to hide out back in the old west. The wife and I should probably start packing for the move soon....

jOHN rODRIGUEZ 10-08-2008 03:37 PM
Re: Crunch
 
Is it just me, or does Gordon look all stoned and ready to get work done?

http://www.time.com/time/world/artic...848243,00.html

Deckard 10-09-2008 07:52 AM
Re: Crunch
 
Quote:
THE government is to invest £500bn of your money in British banks so they can lend it back to you with interest. The historic move is being hailed as a lifeline for the financial system - as long as nobody asks too many questions.
More on this story from the Daily Mash. :D

bas_I_am 10-09-2008 08:59 AM
Re: Crunch
 
Corrupt Banking System (pt 1)
Corrupt Banking System (pt 2)
Corrupt Banking System (pt 3)
Corrupt Banking System (pt 4)
Corrupt Banking System (pt 5)

testudo 10-09-2008 09:26 AM
Re: Crunch
 
Really confused?

I urge you to listen to this:
http://www.thisamericanlife.org/Radi...px?episode=365

jOHN rODRIGUEZ 10-09-2008 09:38 AM
Re: Crunch
 
I knew that. Really, I do. It is nice to have a refresher course sometimes.

I do need to add, the pizazz & charismatic comic relief went well with my home-brewed caramel french roast. I put a spot of whiskey innit too. ooops.

BeautifulBurnout 10-09-2008 10:36 AM
Re: Crunch
 
Quote:
Originally Posted by Deckard (Post 103594)
More on this story from the Daily Mash. :D
Excellent!

I particularly like:
Quote:
Meanwhile, Emma Bradford, a sales manager from Bath, said: "Why doesn't the government just give my money to me so I can buy stuff from businesses who will then make a profit and put it in a bank?"

But Mr Darling insisted: "Shut up."
She's got a point though, eh? :p

bas_I_am 10-09-2008 02:02 PM
Re: Crunch
 
Damn I am getting good!
Quote:
Originally Posted by bas_I_am (Post 103534)
look for DJI floor @ 9100.
bounced all day between 9100 and 9200
Quote:
Originally Posted by bas_I_am (Post 103534)
If it falls through it could go to 8700.
until 3:00, then it fell right through.


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