Our financial system is crumbling this week.

Chat about non-baseball topics. No political discussions!
Post Reply
User avatar
sighyoung
Mayor of GRB
Posts: 38554
Joined: April 17 06, 7:42 pm
Location: Louisville

Re: Our financial system is crumbling this week.

Post by sighyoung »

Hungary Jack wrote:
TimeForGuinness wrote:
Hungary Jack wrote:
TimeForGuinness wrote:8 minutes of hilarity.

http://www.thedailyshow.com/video/index ... ial-advice
Fantastic.

Sheesh. Over $150B to AIG and counting.

Re GM, I hope the government doesn't decide to extend any more loans. It's time to call in the bankruptcy gurus and do a real work out, because GM's board and executive leadership is not up to the task.
$150 billion would fund NASA for 10 years
Not even $150B could make the Space Shuttle safe.
It's being phased out--fortunately.

User avatar
Leroy
a bad penny always turns up
Posts: 25211
Joined: April 17 06, 12:27 pm
Location: Hanging out with my redneck, white socks and Blue Ribbon beer.
Contact:

Re: Our financial system is crumbling this week.

Post by Leroy »

My town is getting $17,000 in stimulus funding. Get out of our way!

User avatar
Hungary Jack
Mother Earth
Posts: 19536
Joined: July 24 06, 6:03 am
Location: In Cognito

Re: Our financial system is crumbling this week.

Post by Hungary Jack »

Leroy wrote:My town is getting $17,000 in stimulus funding. Get out of our way!
Leroy is getting a new wood chipper!

User avatar
Leroy
a bad penny always turns up
Posts: 25211
Joined: April 17 06, 12:27 pm
Location: Hanging out with my redneck, white socks and Blue Ribbon beer.
Contact:

Re: Our financial system is crumbling this week.

Post by Leroy »

Hungary Jack wrote:
Leroy wrote:My town is getting $17,000 in stimulus funding. Get out of our way!
Leroy is getting a new wood chipper!
Image

That's me!

Freed Roger
Seeking a Zubaz seamstress
Posts: 26073
Joined: September 4 07, 1:48 pm
Location: St. Louis

Re: Our financial system is crumbling this week.

Post by Freed Roger »

Leroy wrote:
Hungary Jack wrote:
Leroy wrote:My town is getting $17,000 in stimulus funding. Get out of our way!
Leroy is getting a new wood chipper!
Image

That's me!
for the dead bodies eh

EDIT
oh sorry - thats North Dakota.

User avatar
sighyoung
Mayor of GRB
Posts: 38554
Joined: April 17 06, 7:42 pm
Location: Louisville

Re: Our financial system is crumbling this week.

Post by sighyoung »

Freed Roger wrote:
Leroy wrote:
Hungary Jack wrote:
Leroy wrote:My town is getting $17,000 in stimulus funding. Get out of our way!
Leroy is getting a new wood chipper!
Image

That's me!
for the dead bodies eh

EDIT
oh sorry - thats North Dakota.
The chipper's in North Dakota, but the body parts are blasted into South Dakota.

User avatar
TabascoElvis
Perennial All-Star
Posts: 5728
Joined: June 15 06, 8:29 am
Location: Library of Congress? Detroit? Beyond the sun?

Re: Our financial system is crumbling this week.

Post by TabascoElvis »

This is pretty mind boggling.
The value of global financial assets including stocks, bonds and currencies probably fell by more than $50 trillion in 2008, equivalent to a year of world gross domestic product, according to an Asian Development Bank report.
Dang that's a big number.

User avatar
sighyoung
Mayor of GRB
Posts: 38554
Joined: April 17 06, 7:42 pm
Location: Louisville

Re: Our financial system is crumbling this week.

Post by sighyoung »

Image

This is a Time Magazine chart depicting job losses during six recessions. The brown line on the left is the current economic downturn.

User avatar
Leroy
a bad penny always turns up
Posts: 25211
Joined: April 17 06, 12:27 pm
Location: Hanging out with my redneck, white socks and Blue Ribbon beer.
Contact:

Re: Our financial system is crumbling this week.

Post by Leroy »

Good Lord.

User avatar
docellis
America's Most Beloved Twitter Joke Thief
Posts: 24741
Joined: April 18 06, 6:54 pm

Re: Our financial system is crumbling this week.

Post by docellis »

I don't remember 81 being that bad

Post Reply