Enye Hypersonic July 8, 2015 Share July 8, 2015 i don't know what to do, so don't do anything buckle up seat belt and brace for roller coaster ride woopeee! ↡ Advertisement Link to post Share on other sites More sharing options...
Sabian Turbocharged July 8, 2015 Share July 8, 2015 i don't know what to do, so don't do anything buckle up seat belt and brace for roller coaster ride woopeee! 700k seat belt? Link to post Share on other sites More sharing options...
Yuan 6th Gear July 8, 2015 Share July 8, 2015 There won't be anything like the AFC again. Not saying there won't be another crisis. Just not in the same shape or form. The Greek crisis isn't likely gonna lead to anything serious. The amount spent on rescuing the western banks dwarfs whatever the Greeks owe (plus what they are asking more). By right, the Greeks should not be in the Euro (that's hindsight though) and the correct thing to do now is for the Greeks to exit the Euro or accept the austerity measures with some sort of concession without it looking like Greece got a free pass, otherwise, no one will take bailout conditions seriously and you'll also incur the wrath of Portugal, Ireland, Italy and Spain which accepted the measures. I do not think that there will be a Grexit. The Troika would not allow it since this would encourage countries like Portugal, Italy and Spain to do the same. The current economic climate is made a little more gloom due to the falling oil prices. Link to post Share on other sites More sharing options...
Enye Hypersonic July 8, 2015 Share July 8, 2015 700k seat belt? yours cost so much?? Link to post Share on other sites More sharing options...
Duckduck Turbocharged July 8, 2015 Share July 8, 2015 stocks are like soundwaves, along the way the go up n down, n d media will use all kinds excuses to explain the ebbs n flows Link to post Share on other sites More sharing options...
Sunny Hypersonic July 8, 2015 Share July 8, 2015 Duckduck, on 08 Jul 2015 - 4:59 PM, said:stocks are like soundwaves, along the way the go up n down, n d media will use all kinds excuses to explain the ebbs n flows the media or so call analyst/economist mostly jiak liao bi sti drop nia..sure have some excuses to use...like Greece...us unemployment rate up...weaker export figures......profit taking.......bla...bla ...bla ai koon liao 10 Link to post Share on other sites More sharing options...
Lala81 Hypersonic July 8, 2015 Share July 8, 2015 I do not think that there will be a Grexit. The Troika would not allow it since this would encourage countries like Portugal, Italy and Spain to do the same. The current economic climate is made a little more gloom due to the falling oil prices. my oil trader friend says global economy is going to be good due to $60 oil. the media or so call analyst/economist mostly jiak liao bi sti drop nia..sure have some excuses to use...like Greece...us unemployment rate up...weaker export figures......profit taking.......bla...bla ...bla ai koon liao It's like a herd of animals walking across the african plains. The bull in front decided to take a dump and walk to his left, so everyone follow heh 3 Link to post Share on other sites More sharing options...
LoverofCar 6th Gear July 8, 2015 Share July 8, 2015 If Greece decided to get out of EUR. More countries will follow and that will be a major problem for the world.... Link to post Share on other sites More sharing options...
inlinesix Supersonic July 8, 2015 Share July 8, 2015 the question to ask is what (other than cash) is safe to move into if the situation worsens? Gold. Cash is nvr safe because of inflation. Link to post Share on other sites More sharing options...
Celicar Turbocharged July 8, 2015 Share July 8, 2015 the media or so call analyst/economist mostly jiak liao bi sti drop nia..sure have some excuses to use...like Greece...us unemployment rate up...weaker export figures......profit taking.......bla...bla ...bla ai koon liao Not just any excuse, it is always some excuse that everyone already knows about. Nobody can prove whether the drop or rise of the day is due to that excuse or not, so just pom, no consequence one. If the analyst/economist is really so good, he or she won't be sitting there to talk, will be on holiday living the high life. Link to post Share on other sites More sharing options...
inlinesix Supersonic July 8, 2015 Share July 8, 2015 Actually in economic point of view, current Greek problem is nothing... it is their selfishness to vote no... of course, who wants their country to be default... Greek needs to reflect themselves... their country is long considered bankrupt. This is why Margaret Thatcher mentioned that single currency don't works... same reason as The Battle of Red Cliff, how Lui Bei won against Cao Cao (chaining all their ship together) Even Greek is down, the ripple they send is not strong enough form a financial crisis... I pity those other countries in EU, where it is not their problem become theirs... The actual brewing one is China... it is so silent...and yet the most danger one... if the stock market crashed, the bubble burst... the effect is world wide... China is world creditor of many countries, with US as no. 1.... and everything link up, chain effect... Of course, above is my 2 cents worth only... What i have read today is that most of the young ppl voted No to crash the current system. These young ppl do not want to feed the previous gen. Link to post Share on other sites More sharing options...
Koko 4th Gear July 8, 2015 Share July 8, 2015 What i have read today is that most of the young ppl voted No to crash the current system. These young ppl do not want to feed the previous gen. Is it... then that good... Cause I read in the way that many other EU countries, especially German and France wanted to help them... Sorry for confusion... I did not read in detail as they already technically bankrupt... Link to post Share on other sites More sharing options...
Wt_know Supersonic July 8, 2015 Share July 8, 2015 shanghai stock market bubble pecah liao? no one can stop the lao sai ... not even chinese govt Link to post Share on other sites More sharing options...
Myxilplix Turbocharged July 8, 2015 Share July 8, 2015 shanghai stock market bubble pecah liao? no one can stop the lao sai ... not even chinese govt Chinese govt trying to put stopper in the kar chng to stop it. But then i wonder where they think all the sai will go. 1 Link to post Share on other sites More sharing options...
Little_prince Supersonic July 8, 2015 Share July 8, 2015 nyse down!!! 1 Link to post Share on other sites More sharing options...
Ake109 6th Gear July 8, 2015 Share July 8, 2015 China has enough savings (public and private) to weather it I believe. CNY still have a lot of room to print money if necessary. Greeks are fugged. But they are so insignificant to world economy so I don't think ripples are big. Only thing for sure, rich will get richer, rich poor divide worldwide will keep increasing. Link to post Share on other sites More sharing options...
Koko 4th Gear July 9, 2015 Share July 9, 2015 From my point of view... it is lucky that China is a communism country that in a way they can control the damage of the stock market... Link to post Share on other sites More sharing options...
Yeshe Turbocharged July 9, 2015 Share July 9, 2015 the question to ask is what (other than cash) is safe to move into if the situation worsens? Lolec ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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