My Stock Forum
world stock markets are crashing.are you prepared for the worst?
if they totally crash ,millions worldwide will suffer.are we ready to be bankrupt?
Public Comments
- It just simply ain't going to happen, this is just a short term blip, things will recover.
- It is only a temporary thing nothing to worry about
- Don''t worry, I'll be okay, I've not got no investments in anything, don't need too, being a god an all.
- do u have to think of doomsday only, sonny be positive, think positive. such things have happened many times in the past and again it comes back to normal. it is only a question ot time
- About time too, it will knock reality into the 21 century.
- its a shame but its been a long time coming. increased debts, inflation, countries over spending, climate change etc.. these all affect it. there gonna lots of hard working people/familys that will suffer because of it.
- If the global economy were to collapse, it would be an opportunity for us to rebuild. We could make things better from the ground up.
- There is nothing to worry about the last couple of weeks have seen billions lost mainly caused by American banks trying to re-coup some of their lost money because of loan defaults but things are picking up now
- Charts suggest medium term bullishness... Use these opportunities in buying quality Growth stocks.... HEWLETT PACKARD CO..is showing some trending HEWLETT PACKARD CO is at 45$ it can hit 48$ in the next 2 months.
- Well once again we are like sheep and following the American route to destruction. They are in a mess because they lent money relentlessly, now we are following suit with British banks/lenders tweeking the figures to lend money when really they should not be and offering loans to slightly at risk customers at a higher rate. Then with the interest rates going up people cannot then afford to pay back the money, hence more people filing for Iva's and bankruptcy.This is what the American lenders/banks did and look what's happened. Of course lenders or bank officials reading this will deny this is happening but believe me IT IS, employees are told to reach targets, sell products and lend, but if something goes wrong then their employers deny telling them to do this and they get sacked! It's all because of TOTAL greed on behalf of lenders, banks etc and they don't care what happens to you when they've off-loaded money on to you so long as they get it back, My advice is DON'T BORROW, if you can't afford it then live without it until you can. Now there is something in the air to stop people going or filing for bankruptcy and Iva's (as the Americans have done) and you will HAVE to pay back even at 0% interest. So Yes I do think we're heading for a fall because we've followed the Americans and are about to jump over the cliff like the stupid sheep we British are!
- not necessasrily. as everything bring disaster to some, some are still profit/benefit from it.
- First, if they crash millions will not suffer or at least not much. It will reduce the retirement income of retirees and corporations will be required to infuse more money into pension programs, but it is unlikely people will lose their jobs. The crash of 87 cost no employment at all. The 1929 crash also didn't impact jobs. Jobs were lost and the market crashed because of the use of the gold standard. Personally, I hope the markets crash. Crashes are wonderful things to invest in.
- Not really a crash. Maybe there will be one in a few years when the Chinese pull the carpet from under US Treasury securities. As I'm afraid that Washingtonrs protectionist intentions will at the end ruffle the dragon's hair.
