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richest man in world says half quadrillion bubble...

Posted: Tue Mar 11, 2008 3:55 pm
by scared?
is about to burst...scared?...

http://www.marketwatch.com/news/story/d ... t=printTop

Re: richest man in world says half quadrillion bubble...

Posted: Tue Mar 11, 2008 5:21 pm
by plained
really ey!

prolly good not to buy anything that seem overly puffed-up :shrug:

Re: richest man in world says half quadrillion bubble...

Posted: Tue Mar 11, 2008 6:03 pm
by seremtan
i have no idea wtf that means but it sounds dodgy

Re: richest man in world says half quadrillion bubble...

Posted: Tue Mar 11, 2008 6:13 pm
by scared?
yeah warren buffett wouldn't know...moron...

Re: richest man in world says half quadrillion bubble...

Posted: Thu Mar 13, 2008 12:30 am
by Unisaw
For the first time - scared's got a point here. Leverage has the effect of sending shockwaves through the economy when things go badly - witness the subprime debacle which is a very simple example of leverage in a regulated industry. When you compound leverage with the use of derivatives in an unregulated industry and I can just imagine the shockwave that would rock the world when things go badly.

Re: richest man in world says half quadrillion bubble...

Posted: Thu Mar 13, 2008 1:07 am
by scared?
it's over...

Re: richest man in world says half quadrillion bubble...

Posted: Thu Mar 13, 2008 1:24 am
by Canidae
Image

Re: richest man in world says half quadrillion bubble...

Posted: Thu Mar 13, 2008 1:41 am
by Nightshade
Image

Image

Re: richest man in world says half quadrillion bubble...

Posted: Thu Mar 13, 2008 1:45 am
by Canidae
What...no harem?

Image

Re: richest man in world says half quadrillion bubble...

Posted: Thu Mar 13, 2008 7:54 am
by seremtan
canned food, guns and barbara eden lookalikes

sounds like a plan

Re: richest man in world says half quadrillion bubble...

Posted: Thu Mar 13, 2008 12:37 pm
by MKJ
quite
bring on the apocalypse

Re: richest man in world says half quadrillion bubble...

Posted: Thu Mar 13, 2008 12:41 pm
by Ryoki
For a moment there, i was puzzled by the amount of barrels on those shotguns :up:
Unisaw wrote:For the first time - scared's got a point here.
Pff hardly, he's speaks truth in something like 50% of his topics.

Re: richest man in world says half quadrillion bubble...

Posted: Thu Mar 13, 2008 9:59 pm
by GONNAFISTYA
...and the other 50% is stark batshit insane.

But yeah...go0f usually knows what he's discussing...or at least what colour socks he's folding. :olo:

Re: richest man in world says half quadrillion bubble...

Posted: Sat Mar 15, 2008 2:11 am
by Unisaw
From today's WSJ...

After initial relief, credit markets have taken a turn for the worse in recent weeks, breeding an every-man-for-himself attitude among Wall Street firms. With each firm intricately intertwined with others in a maze of loans, credit lines, derivatives and swaps, the Fed and Treasury agreed that letting Bear Stearns collapse quickly was a risk not worth taking, because the consequences were simply unknowable.