And it Shall Come to Pass

[ssf467]

AP - Elation in the financial markets over the $700 billion bank bailout plan evaporated Monday and was replaced by all-too-familiar anxiety, pummeling stocks and sending oil prices to their biggest one-day gain. Worries that the rescue package would cost too much, drive up inflation, swell the already-bloated deficit and hurt the ailing economy also led global investors to flee the U.S. dollar.

[Gman]

Nothing has happened, yet. I wouldn't expect anything to stabilize until something changes. If you think inflation is bad, deflation is worse.

[theGinsue]

Even though I tried to get it "diversified", my 401k is pooping all over itself right now.

Looks like I won't be able to retire next year (of course, I wasn't figuring I'd be retiring for another 18 years, but that's beside the point).

[Gman]

It doesn't matter how the roller coaster ride rises and dips. It'll matter when you get off the ride.

[Mtn.man]

The Sky is Falling,, duck... I got a message from some fanatic to stock up on at least 100 diferent things as the sky is falling and we won't have anything....
would take about 10k to stock up on everything they posted...LOL

[ssf467]

Enjoy

[theGinsue]

The Sky is Falling,, duck... I got a message from some fanatic to stock up on at least 100 diferent things as the sky is falling and we won't have anything....
would take about 10k to stock up on everything they posted...LOL

I heard something on the news @ lunch today... Some big financial type (was it Forbes?) said that we (the U.S.) were only 500 trades (stock market type) away from a "total financial collapse" last week.

Hmm, perhaps I should go pick up a couple more 8lb cans of gun powder.