Market Crash of 2008

[Merl Haggard]

Euro shares fall 8.5% in global sell-off!

Another night of bloodbath at Wall Street. Dow future is reading 380 pts down.

Global financial market damage is beyond rescue by policy makers.

 

[TeeKee]

Euro shares fall 7% in global sell-off!

Another night of bloodbath at Wall Street. Dow future is reading 300 pts down.

Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

 

[chinkangkor]

Maybe next Monday will be black Monday again, in October once more.

 

[virus2977]

Euro shares fall 7% in global sell-off!

Another night of bloodbath at Wall Street. Dow future is reading 300 pts down.

http://www.youtube.com/watch?v=Qmy4SGYWiAM&feature=related

http://www.youtube.com/watch?v=hnd0egJMVv4&feature=related

 

[Merl Haggard]

Maybe next Monday will be black Monday again, in October once more.

Morgan Stanley and Las Vegas Sands may go under.

 

[chinkangkor]

Morgan Stanley and Las Vegas Sands may go under.

Morgan Stanley can tap on the bailout money.

If Sands goes under, what will happen to our integrated resort at Marina Bay? Temasek will play banker and lend Sands money?

 

[zhihau]

Global financial market damage is beyond rescue by policy makers.

gosh... you meant that 700B went down the drain just like that? can buy a lot of bowls of bar chor mee you know?

 

[virus2977]

gosh... you meant that 700B went down the drain just like that? can buy a lot of bowls of bar chor mee you know?

Now go see Dow jones index......drop like hell.Monday STI sure drop.

 

[Merl Haggard]

gosh... you meant that 700B went down the drain just like that? can buy a lot of bowls of bar chor mee you know?

The 700b has not been dished out until 3 or 4 weeks' time. Investors and analyst do not believe that it's sufficient to rescue the collapse.

 

[myfoot123]

When the west falls, look east. China is still growing despite all the bad news in economy.

 

[singveld]

Morgan Stanley can tap on the bailout money.

If Sands goes under, what will happen to our integrated resort at Marina Bay? Temasek will play banker and lend Sands money?

IR go bust

i dun give a shit

it is anti local anyway

and what made them think that anti local business can succeed?

 

[fenwick]

gosh... you meant that 700B went down the drain just like that? can buy a lot of bowls of bar chor mee you know?

Enough bar chor mee to feed the whole world and everyone can have more than 1 bowl !!!!!!

 

[chinkangkor]

When the west falls, look east. China is still growing despite all the bad news in economy.

There are already two SGX listed companies operating in China going bankrupt.

 

[Lion_Barbell]

There are already two SGX listed companies operating in China going bankrupt.

FerroChina is one of them, who is the other?

 

[chinkangkor]

FerroChina is one of them, who is the other?

China Printing & Dyeing Holdings Ltd

 

[Conan the Barbarian]

Euro shares fall 8.5% in global sell-off!

Another night of bloodbath at Wall Street. Dow future is reading 380 pts down.

Global financial market damage is beyond rescue by policy makers.

What better way is there to close the income gap.

 

[phouse3]

I personally feel that the selldown is a calculated move.

It is not the usual financial market panic that is sentiment driven but an economic judgement/assessment on the real economy by investors. Many people are expecting a deep and long world recession(aka depression). But then again, keeping cash is quite risky when banks are collapsing. Keeping cash at home is even riskier because it may get stolen by thiefs or eaten by cockroaches.

In the case of Singapore, the impact of a world recession will be stronger.

1. over-construction
2. bursting of over-inflated property values
3. stale overseas investments
4. a fast declining export sector
5. a "sophisticated" financial market dominated by hedge funds, foreign funds, covered warrants, index futures, foreign companies listing, etc.
6. reverse flow of hot funds procured from overseas under private banking

 

[papa san]

I personally feel that the selldown is a calculated move.

In the case of Singapore, the impact of a world recession will be stronger.

1. over-construction
2. bursting of over-inflated property values
3. stale overseas investments
4. a fast declining export sector
5. a "sophisticated" financial market dominated by hedge funds, foreign funds, covered warrants, index futures, foreign companies listing, etc.
6. reverse flow of hot funds procured from overseas under private banking

Join PAP as member then. Guaranteed recession-proof.

 

[The_Latest_H]

Makes you wonder why the PAP economical policy is to overexpose our system to such funds and what not. It seems that they are willing to sacrifice our economic fundamentals for short term financial gains, and willing to subscribe to narrow minded thinking.

Other countries are willing to be honest and admit their faults, but here its the same old refrain: "You people are at fault, and we all now have to tighten our belts."

But who was the one who loosen up the property market for looser credit? Who was the one who strived to open up private banking? Who allowed huge numbers of hedge funds and slush funds to be based here? Who invested huge amounts of taxpayers money into flyer, IR and F1, and got very little returns?

When will these people ever take responsibilities for their utterly drastic mistakes?

 

[shelltox]

maybe you should change all your savings into coins
1. the bluglar wouldnt be able to haul it away unless he brings his forklift .
2. it would be too tough for the cockroach to chew it's way through tons of metal unless it brought along a pair of iron jaws.

In times of crissis, you need to think out of the box. ha ha . and dont forge to borrow one ot those coin counting machine from the bank