Black Friday-FTSE down 10%?

Darragh29

Look's like today could be the day we called time of death on the stockmarkets and the worldwide economy.

Ciaran500

It'll be grand, just don't look at it.

Dinter

The US Debt Clock in Times Square ran out of digits yesterday.

They going to add digits so it'll go to a quadrillion! :eek:

SEPT 23 1989

i dont think people have got their heads around how serious this is yet:(

Hail 2 Da Chimp

Oh the huge manatee!

Dragan

SEPT 23 1989 wrote: »

i dont think people have got their heads around how serious this is yet:(

This is After Hours, the world could be melting around our ears and we'd still be in here making fun of it.

You know why?

Because the people of After Hours offer consistancy in a world gone mad.

Caoimhín

SEPT 23 1989 wrote: »

i dont think people have got their heads around how serious this is yet:(

I can still grow my own food, ill never run out of water or heat sources.

Im healthy (just about) as are the people i care about.

I really dont give a damm what happens on Wall street.

Darragh29

SEPT 23 1989 wrote: »

i dont think people have got their heads around how serious this is yet:(

Yeah it's serious. But the sooner the day of reckoning comes, the quicker we can put it behind us and start moving back upwards again, that's my 2 cents worth...

Dragan

At the end of the day Tyler tried to warn us about this.

If you haven't learned to make soap or blow **** up then it's completely your own fault.

Danbo!

Ok im gonna admit that i havent a clue what the hell is going. Dont understand any of part of the stock market, the consequences of it 'falling' etc.. Anyone care to dumb it down?

Caoimhín

Lets talk about boobs.

I love boobs, all types of boobs.

Except the ones where one can see the blood veins, dont like them.

ejmaztec

Darragh29 wrote: »

Yeah it's serious. But the sooner the day of reckoning comes, the quicker we can put it behind us and start moving back upwards again, that's my 2 cents worth...

That just about sums it up, because that's what we'll have spare after the next budget, between all of us.:(

engrish?

Do people actually think that we are about to end up in an "I AM LEGEND" scenario?


Yes we are going through a recession, we are in a U type recession. Yes, its bad but we are not going to die and the majority of our jobs will be safe. The ERSI predicts and I would agree, that we will be in a recession until the end of 2009. Think about how fast 12 months go!!!

We will be fine. Some people will come out ok, some people will get burnt. Such is life. If you are worried about it, get off your arse and work harder to make sure you come out unscaved.

Voodu Child

I survived the asteroid attack earlier in the week, so a measly economic crisis doesnt bother me. Plus, im a repo-man, business is booming!

Dragan

noblestee wrote: »

Ok im gonna admit that i havent a clue what the hell is going. Dont understand any of part of the stock market, the consequences of it 'falling' etc.. Anyone care to dumb it down?

Basically we are all ****ed. We should end up having less money to spend, on more expensive things and possibly job less and homeless.

Just like the boom.

The death of capitalism. Sounds gravy, today is my last day in my job after being made redundant. I think along with my toast to unemployment I'll toast to the death of capitalism. Should of listened to Karl Marx

SEPT 23 1989

once the government of the glorious Republic leaves the importation tax on Thai brides alone then maybe just maybe we can dig ourselves out of this mess

Caoimhín

Deleted User wrote: »

The death of capitalism. Sounds gravy, today is my last day in my job after being made redundant. I think along with my toast to unemployment I'll toast to the death of capitalism. Should of listened to Karl Marx

Karl didnt like boobs with blood veins either.

Dinter

noblestee wrote: »

Ok im gonna admit that i havent a clue what the hell is going. Dont understand any of part of the stock market, the consequences of it 'falling' etc.. Anyone care to dumb it down?

The indexes that you hear crumbling around you are calculated using the value of shares for the top 100 companies in that particular region. As companies loose value, and financial integrity they're suddenly not worth what they were. This will also affect the futures (commodities, like usual price of oil) and options (opportunities, agreements to sell at certain prices) which means that the chances of a recovery are affected. The value of pensions etc could be wiped by this if they're invested in some of these companies.

That's really basic though.

Darragh29

Deleted User wrote: »

The death of capitalism. Sounds gravy, today is my last day in my job after being made redundant. I think along with my toast to unemployment I'll toast to the death of capitalism. Should of listened to Karl Marx

I don't think there is anything wroung with capitalism, just the particular flavour of it that we've been seeing in recent years is very accomodative of greed. If the rules were straightened out a bit better and enforced, things would be fine.

Danbo!

Dragan wrote: »

Basically we are all ****ed. We should end up having less money to spend, on more expensive things and possibly job less and homeless.

Just like the boom.

Ah grand. Crisis eh? At least I have a secure job in architec.... ah bollocks.

Roadend

I think its the perfect opportunity to start up a loan sharking business

Dinter

Bet people wish they'd found out what a tracker mortgage was now!!!

Sabre0001

engrish? wrote: »

the majority of our jobs will be safe.

I have no job, therefore I do not have job insecurity


(Every cloud and all that )

ejmaztec

Roadend wrote: »

I think its the perfect opportunity to start up a loan sharking business

Or set up your own screw factory, because we're going to get so screwed, there won't be enough screws to go round.

ejmaztec

Sabre0001 wrote: »

I have no job, therefore I do not have job insecurity


(Every cloud and all that )

I also laugh at those twats who told us to save money - in a bank of all places. :pac:

Darragh29

Sabre0001 wrote: »

I have no job, therefore I do not have job insecurity


(Every cloud and all that )

He that is down need fear no fall....

Glowing

YOUR MA is also down

dr.bollocko

They do say that once you go black you dont go back.
Maybe I will enjoy foraging for food in bins...

thelordofcheese

ejmaztec wrote: »

I also laugh at those twats who told us to save money - in a bank of all places. :pac:

where else would you save it?

s_carnage

I freeking love this recession!! As long as the interest rates keep falling i'm happy!!!

Darragh29

Not much sign of Eddie Hobbs around the place these days!

Maximilian

s_carnage wrote: »

I freeking love this recession!! As long as the interest rates keep falling i'm happy!!!

Don't worry, you might shortly end up handing the savings back to the Govt. in tax.

Ross_Mahon

All these numbers being thrown at me? Some English please...
(Were in the crap? Right?)

I thought the Large Hadron Collider would have sorted this out! :rolleyes:

loyatemu

Put all your money in pumpkins - I predict they're going to go up throughout the month of October and peak around Nov. 3rd - you can't lose!

Indie18

Ross_Mahon wrote: »

I thought the Large Hadron Collider would have sorted this out! :rolleyes:

no that broke remember and now because of the recession they wont be able to affort to fix the dam thing. oh well.

Agamemnon

loyatemu wrote: »

Put all your money in pumpkins - I predict they're going to go up throughout the month of October and peak around Nov. 3rd - you can't lose!

I tried that but the notes got all soggy and stained from pumpkin juice. Shops wouldn't accept the cash because they said it looked like someone wiped their piles on it. :mad:

Dragan

Dragan wrote: »

At the end of the day Tyler tried to warn us about this.

If you haven't learned to make soap or blow **** up then it's completely your own fault.

And everything goes back to zero.....Tyler says it'll be beautiful!

Ross_Mahon

Darragh29 wrote: »

Not much sign of Eddie Hobbs around the place these days!

Eddie Hobbs has been waiting on this to happen for years, Sitting in the darkness with a big evil grin on his face, He has gotten into lots of magazines lately with pictures of him in army uniforms 'How to survive the recession', And doing the platoon thing.

Check out his site www.eddiehobbs.com

You can Invest with Eddie? This man is funny...:D

humanji

thelordofcheese wrote: »

where else would you save it?

A sock buried in the garden, of course.

Now, I know little about anything, but aren't these things cyclical? So if everyone is selling their shares, we should buy them up as quickly as possible. We weather the storm for a little while and then when everything picks up we'll all be billionaires. And in the unlikely case that civilisation ends, money will be useless anyway, so we can't lose. Or so goes my underserstanding...

Dragan

Dragan wrote: »

Basically we are all ****ed. We should end up having less money to spend, on more expensive things and possibly job less and homeless.

Just like the boom.

Effectively....this.

Throw in the greedy fat cats throwing themselves off roofs because their money is gone though.

This better not **** up my plans to travel!

Dinter

thelordofcheese wrote: »

where else would you save it?

Prize bonds. You'll probably get nothing back but it's secure.

Darragh29

Deleted User wrote: »

Effectively....this.

Throw in the greedy fat cats throwing themselves off roofs because their money is gone though.

This better not **** up my plans to travel!

Your man who was the CEO of Lehman Brothers could hardly keep a straight face the other day when he was being quizzed about the HALF A BILLION Dollar he had payed himself since 2000! Then he starts saying the figures are out by a couple of million and starts getting his knickers in a knot over this!!!

Da worlds gone fuukin mad!!!

thelordofcheese

Dinter wrote: »

Prize bonds. You'll probably get nothing back but it's secure.

true, but i was more pointing out how damn silly the original sentance sounded.
it's kinda like going: "I also laugh at those twats who told us to put food - in our mouths of all places"

kmick

There's nothing new under the sun.

If you can keep your head when all about you are losing theirs...

<insert other platitudes here>

Darragh29

The auld Dow Jones is fallin like a heroin junkie after 30 double vodka's! Crash around the corner!

Caoimhín

I just counted up all the loose change i had in my biscuit tin.

I think i have enough to buy Bank of Ireland now. Ill be looking for a new CEO, any takers?

humanji

caoibhin wrote: »

I just counted up all the loose change i had in my biscuit tin.

I think i have enough to buy Bank of Ireland now. Ill be looking for a new CEO, any takers?

Sure I'll do it. I did junior cert accounting, so I'm qualified.

Caoimhín

humanji wrote: »

Sure I'll do it. I did junior cert accounting, so I'm qualified.

You Sir are over qualified.

Will you take a place on the board of dicktators?

I've got 10 fingers and 10 toes. So the highest I can count to is 20. Can I join the bank?

RichTea

Re-session! :cool: