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kejjer
Lv 5
kejjer asked in Politics & GovernmentPolitics · 1 decade ago

are you beginning to think this MARKET "CRASH" is more like Y2K or Global Warming?

you know--a lot of scary possibilities with nothing horrible really happening?

Update:

They told us they needed this LAST MONDAY.

then the needed it by the opening of the markets in ASIA--SUNDAY NIGHT---now it's going on Wednesday and they are taking a vacation.

6 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    "The Sky is Falling! The Sky is Falling!" It's all doom and gloom if you listen to them.

  • LeAnne
    Lv 7
    1 decade ago

    No, I don't think this is a red herring. Unlike the unknowns of Y2K or the ongoing debate concerning global warming, I have personally seen red flags and ominous indicators that something was drastically wrong with the mortgage industry. And if it's happening in my little piece of the country, it's not difficult to extrapolate it across the entire nation.

    I think that the only thing that's keeping the confidence in the present investors is the fact that a bail out plan of one sort or another is inevitable.

  • 1 decade ago

    it's called a ripple effect. When businesses start having trouble getting loans to make payroll, this question will seem like a cruel joke

  • Anonymous
    1 decade ago

    thinks are limping along because everyone knows the bill will be passed in some form or another.

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  • Anonymous
    1 decade ago

    Amen! Point well taken. Scare tactics.

  • 1 decade ago

    Makes you wonder huh. Everyone is saying that loans for "qualified" people are still happening. What a concept.

    No to Bail out !!!!!!!!!!!!!!!!!!!!!!

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