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Stock market riots
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No you smug twat, it was a genuine question.Originally posted by snaw View PostAnyone else thinking LG is sitting at his desk right now, going slightly red and thinking oh bugger, as he scrambles around website after website realising he's just made himself look like a complete arse?I am not qualified to give the above advice!
The original point and click interface by
Smith and Wesson.
Step back, have a think and adjust my own own attitude from time to timeComment
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Originally posted by The Lone Gunman View PostNo you smug twat, it was a genuine question.
Hang on - there is actually a place called Cheddar?? - cailin maith
Any forum is a collection of assorted weirdos, cranks and pervs - Board Game Geek
That will be a simply fab time to catch up for a beer. - Tay
Have you ever seen somebody lick the chutney spoon in an Indian Restaurant and put it back ? - CyberghoulComment
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Hey!!! That was copyrighted.Originally posted by Spacecadet View PostI'll leave it at that then
(quoted for posterity)
"I hope Celtic realise that, if their team is good enough, they will win. If they're not good enough, they'll not win - and they can't look at anybody else, whether it is referees or any other influence." - Walter Smith
On them! On them! They fail!Comment
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They defaulted on a debt to the IMF due to over leveraging and huge public spending and were forced to devalue the currency that was pegged 1 to 1 with the dollar.Originally posted by ratewhore View PostDidn't Argentina go bankrupt in that one?
Getting wind of the devaluation to 3 to 1 people started withdrawing deposits which caused a run on the banks.
HSBC were the first to close its doors - then the rest - then the riots.
Interestingly, they devalued the small amount of mortgages that existed if you bought in Pesos so it cost a third less to service - if you bought in dollars would cost you three times as much in real terms for what you earned.
now they have revalued the Peso mortgages to the precrisis level and those unlucky few have to come up with 3 times as much as they had to pay 3 months ago.Last edited by Fishface; 8 October 2008, 13:29.Comment
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Genuine interest too. HSBC is (I think) one of the biggest players in the Asian market and almost owns the Hang Seng. If there is a run in China then it is likely to be affected.Originally posted by snaw View Post
I honestly thought (and have done for years) that HSBC was a Hong Kong based company. It's name, it's logo everything about it suggest it is.I am not qualified to give the above advice!
The original point and click interface by
Smith and Wesson.
Step back, have a think and adjust my own own attitude from time to timeComment
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Comment
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Fair enough, but if you don't know then don't go making statements like:Originally posted by The Lone Gunman View PostGenuine interest too. HSBC is (I think) one of the biggest players in the Asian market and almost owns the Hang Seng. If there is a run in China then it is likely to be affected.
I honestly thought (and have done for years) that HSBC was a Hong Kong based company. It's name, it's logo everything about it suggest it is.
It's likely to get you shot down.Hong Kong and Shanghai Banking Corporation HSBC. Big clue in the name there guys.Hang on - there is actually a place called Cheddar?? - cailin maith
Any forum is a collection of assorted weirdos, cranks and pervs - Board Game Geek
That will be a simply fab time to catch up for a beer. - Tay
Have you ever seen somebody lick the chutney spoon in an Indian Restaurant and put it back ? - CyberghoulComment
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If you make pompous posts that turn out to be wrong.. expect to look like a muppet LG.... and you def look like a muppet.Comment
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Be fair, it was born in HK and was a HK registered company for nearly 130 years. You can forgive a guy for not noticing it has been British registered fro a mere 20 cant you?Originally posted by snaw View PostIt's likely to get you shot down.I am not qualified to give the above advice!
The original point and click interface by
Smith and Wesson.
Step back, have a think and adjust my own own attitude from time to timeComment
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