Would it be wrong to say the market does actually rely on real things happening in the real world(such as consumers buying goods that generates earnings) and not just a bunch of lines and ticks that move up and down all day?
I really didn't think I had to explain it, people will be praying...
Looks like I offended a sensitive person, maybe another "Proud American" who can't admit he lives in a disaster he has helped create?.
My sincere apologies for not saying what YOU wanted to hear in YOUR forum.
Anyone who acts like that in here is obviously a loser.
Because the majority of you fools believe God will help the country get out of this depression.
I can see it now people across the country "praying for consumption"
Oh Lord please make people spend money and keep this ponzi scheme going!
LOL!!!
Anyone care to change their vote 1 1/2 months later?
I have seen nothing to stop the slide of the USA into oblivion, with the rest of the world following.
Starting to stock up on essentials.
Greek riots are foreshadowing.
Don't be so ignorant, Cox and his buddies have been doing an excellent job protecting the cronies while they rob the world.
Are you still sitting there believing that the SEC is dedicated to catching the real criminals? haha like Martha Stewart and Mark Cuban??
wow
Looks like you are getting a little jumpy and jumping to conclusions.
"Should the Ignatieff plan prevail, the proposed Liberal-NDP coalition could well be scuttled. Mr. Ignatieff was never an avid supporter of the coalition and had turned against it by Saturday, according to party insiders."...
This Government Coalition is nothing but a theater production, a distraction for the chickenheads to follow while we bail out our banks in many of the same ways the US did.
You have been fooled like the rest of the sheep into following this story. The Coalition will not happen. I said this...
"High inflation, personal indebtedness and increases in interest rates have put consumers under severe strain.
The erosion of consumers' ability to repay debt has led to the continued deterioration of the retail lending environment.
Nedbank said this had placed significant pressure on...
I was tinkering with the idea to try and organize it!
yes I forgot about that point with Visa thanks, but what about Mastercard or whoever holds the debt, what default rate do they provision for, and what rate of non-payment could sink them?
Do you think the whole credit system can be broken by the consumers through non-payment(default)?
What if 30% of Visa customers decided not to make any payments for 3 months?
Your attitude disgusts me and is what is causing the downfall of the USA.
You are a sheep that is being led to slaughter.
It's scary to think there are a lot more fools who think the same way you do.
Exactly, the rest of these morons like eagle just keep babbling but it means nothing if you know the truth.
It's hard to come to grips with but we have all been fooled. Some realize it, some do not.