Friday Doom - And so it begins...

[Goldenboy]

Well I hope the end of the world does not happen today or tomorrow. I'm having a bbq tomorrow

[BoredBloke]

"Well I hope the end of the world does not happen today or tomorrow. I'm having a bbq tomorrow"

OK Sunday it is then

God

[DimPrawn]

Is this the start of the end?

World markets fall

No. Next.

The boom cannot be stopped. Not with Gordon in charge.

[Rantor]

No it's simply a correction, but has some way to run yet.

I wouldn't wish for a financial meltdown if I were you - it would likely put every one of us out of business. It may not be so bad for those who have saved up loads of cash though ...which isn't me unfortunately

Doubt cash would be much good as it would be baseless in a meltdown scenario.

Wailing, gnashing-of-teeth, pestilence and no Big Brother - these will come to pass.

Just remember - no matter how bad things seem, they can always get worse....much, much worse

Misanthropy is where it is at today.

[Cowboy Bob]

What's worse is that you phyically can't sell anything that is secured against the US sub-prime market - http://www.bbc.co.uk/blogs/thereport..._poison_1.html - the banks refuse to value them.

[Rantor]

What's worse is that you phyically can't sell anything that is secured against the US sub-prime market - http://www.bbc.co.uk/blogs/thereport..._poison_1.html - the banks refuse to value them.

Read that, seems strange that you can't flog an asset in a financial market - don't they usually offer a nominal sum?

[AlfredJPruffock]

Out of Contract
Money Spent
See no future
Pay no rent
All the Moneys Gone - Nowhere to go

Any jobber got the sack
Monday Morning turning back
Yellow Lorry Slow
Nowhere to go

But oh - that magic feeling
Nowhere to go !

1-2-3-4-5-6-7
All good children go to heaven

[mrdonuts]

nasdaq futures are currently positive, could be in rebound mode

[Rantor]

You can't post postive things.... it must be a dead cat bounce.

Doooooomed... etc.

Too right...and ater the collapse of the global financial system it won't be some drippy-hippy, sharing-caring nirvana. Nope, neo-feudalism with a twist of khmer rouge is coming down the line.

[Pickle2]

The IB that is my current client had a live tv announcment fromt he CEO beamed to everyones desktop this morning. He was obviously trying to calm the troops but he still painted a pretty grim picture. In his words "we are taking pain" .

Im not even at BNP!