Potential financial chaos in the near future

[KagatobLuvsAnimu]

On October first I'm going to make a thread dedicated to telling you how stupid you are.

[SanityRevoked]

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[Ranndom]

Originally Posted by KagatobLuvsAnimu [You must be logged in to view images. Log in or Register.]

On October first I'm going to make a thread dedicated to telling you how stupid you are.

Let me remind you this post was directed towards the potential fallout coming from tomorrow. The 24th.
So perhaps you just reminded yourself how stupid you are. The fact that you cant even comprehend a calendar tells me you have no logical perception of the events at hand.

[KagatobLuvsAnimu]

Originally Posted by Ranndom [You must be logged in to view images. Log in or Register.]

Let me remind you this post was directed towards the potential fallout coming from tomorrow. The 24th.
So perhaps you just reminded yourself how stupid you are. The fact that you cant even comprehend a calendar tells me you have no logical perception of the events at hand.

Who the fuck said I was talking to you?

[Ranndom]

This morning the world markets went into free fall and basically bottomed out. Chinese and Indian primarily.
The Dow dropped 1082 points, The highest drop in at least 52 weeks.
As you can see Here
http://www.marketwatch.com/investing/future/YMU5
and Here
http://www.marketwatch.com/investing/index/DJIA
They appear to have stabilized at least for the time being.
The -1082 point drop was greater than 5% which is pretty crazy.
Now we get to watch how this ripples through the rest of the week
Just an FYI, Thats the largest single day decline in history.

[maskedmelon]

Let's see where it closes and where it goes the rest of the week. It is trading well above that opening dip now:

http://www.msn.com/en-us/money/marke...ade/ar-BBm2CdZ

[Ranndom]

Originally Posted by maskedmelon [You must be logged in to view images. Log in or Register.]

Let's see where it closes and where it goes the rest of the week. It is trading well above that opening dip now:

http://www.msn.com/en-us/money/marke...ade/ar-BBm2CdZ

Yeap. The same guys whove been saying wed run into a black monday situation very soon for the past ~3 weeks also said it would be very likely for the DOW to drop 800-1000 points daily.
Its also no secret that at least the US gov't has been training people for civil unrest at a worrisome increased and exhausting pace for about a year now.
Make no mistake, if the banks shut their doors and lock the atm's, there will be civil unrest. and as of right now, were well on our way to that path.
Its why in the original post i stated it would not be a bad idea to have cash on hand, at least a months worth in food and water

[blondeattk]

if asia keeps sliding, the west could follow. tue is gonna be a gripping watch....

[Ranndom]

Originally Posted by blondeattk [You must be logged in to view images. Log in or Register.]

if asia keeps sliding, the west could follow. tue is gonna be a gripping watch....

Asia didnt slide, they fell off a cliff

[Ranndom]

Interestingly enough, Apple and Intel are the only 2 companies increasing in the Dow atm...Currently down 416 points