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LOL, if the rest of the world collapses before our markets open, we might actually be the...

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Poll_Blind Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-07-11 05:32 PM
Original message
LOL, if the rest of the world collapses before our markets open, we might actually be the...
Edited on Sun Aug-07-11 05:33 PM by Poll_Blind
..last good bet left on Earth by the time they do! I know, I know...but it is a darkly amusing thought.

PB
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Safetykitten Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-07-11 05:33 PM
Response to Original message
1. You know, you may be right on that one!
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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-07-11 05:43 PM
Response to Original message
2. Too late, but 'optimism' appreciated.
US STOCKS SNAPSHOT-Futures open down 2 pct after S&P downgrade

http://af.reuters.com/article/commoditiesNews/idAFWEN700020110807
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Poll_Blind Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-07-11 06:03 PM
Response to Reply #2
3. Not sure it makes much of a difference but I don't care so much about stocks as....
...the value of the dollar and the Prime Interest rate. Really, it's the Prime that's going to affect Americans the most. I'm not sure how intimately all of these things are tied together, though.

PB
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-07-11 06:05 PM
Response to Reply #3
4. Stocks are directy tied to 401 K and corporate inverstors
translation, retirement funds. Why this is crazy
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Poll_Blind Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-07-11 06:06 PM
Response to Reply #4
5. Thank you, Nadin! I wasn't even thinking about that...
PB
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-07-11 06:08 PM
Response to Reply #5
6. You welcome, we are at the brink now
officially to me at least.
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hobbit709 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-07-11 06:11 PM
Response to Original message
7. My 401k is now a 0.401a
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