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TranceAddict Forums > Local Scene Info / Discussion / EDM Event Listings > Canada > Canada - Toronto & Southern Ont. > US Economy in CRISIS!
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PurpleHaze
Supreme tranceaddict



Registered: Nov 2006
Location: leaning against the speaker stack
Invisible Grin US Economy in CRISIS!

Just watching CNN news - the $700 billion dollar bailout failed (205 votes - yes, 228 votes - no).

The DOW Jones dropped to -770 today which is the LARGEST drop in US history and it's continuing to drop slightly after its 4pm closure.

This is really fucked for US economy....They're finally crashing and burning!!!

http://www.forbes.com/markets/2008/...9markets30.html

Old Post Sep-29-2008 20:18  Romania
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Endlesswave
Resident GreekCypriot.



Registered: Sep 2001
Location: Thornhill (Ontario)

Yeah, a bailout though was just a temporary fix no? No REAL changes/attempts to fix what's happening down there IMO.


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Old Post Sep-29-2008 20:20  Cyprus
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PurpleHaze
Supreme tranceaddict



Registered: Nov 2006
Location: leaning against the speaker stack

quote:
Originally posted by Endlesswave
Yeah, a bailout though was just a temporary fix no? No REAL changes/attempts to fix what's happening down there IMO.


EXACTLY!! It's just a fucking band-aid, there's no REAL fix and that's why it was voted a "no".

Everyone's blaming the Republicans and embarassing the people who voted no - what a bunch of fucks.

EDIT: They're commenting on how much the un-employment rate will drop by Friday of this week.

The Americans are heading for a great depression....

Old Post Sep-29-2008 20:21  Romania
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ChemEnhanced
ƒ¶ƒåƒÓƒÛƒnƒéƒßƒåƒnƒÚƒÕƒÞƒ



Registered: Mar 2005
Location: Milton, ON Canada

and as the US economy crashes....the canadian economy will follow.


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Old Post Sep-29-2008 20:22  Canada
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Intangible
*FACEPALM*



Registered: Feb 2008
Location: Dancing with strangers in dark rooms - Toronto

quote:
Originally posted by Endlesswave
Yeah, a bailout though was just a temporary fix no? No REAL changes/attempts to fix what's happening down there IMO.


Temp fix yes, but SOMETHING needs to be done until a proper solution is implemented and takes effect.

A big boat takes a long time to turn around...

And with the election date so soon... I dont see any major solutions occuring until the new president is in the house.

Its sad how many people are losing their homes.


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Old Post Sep-29-2008 20:24  Canada
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love_child
TA



Registered: Sep 2007
Location: Toronto

I dont give a shit...I just live my life as best I can.

Old Post Sep-29-2008 20:25  Canada
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VERTiG0
cunning linguist.



Registered: Dec 2003
Location: no longer Cambridge, Ontario, Canada

Welp by proxy that means we're fucked in a few months

Old Post Sep-29-2008 20:29  Canada
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Vivid Boy
TA's GodFather



Registered: Sep 2001
Location: T.O

Its going to go through. theyre having a new vote later on in the week.

Old Post Sep-29-2008 20:33 
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PurpleHaze
Supreme tranceaddict



Registered: Nov 2006
Location: leaning against the speaker stack

quote:
Originally posted by Vivid Boy
Its going to go through. theyre having a new vote later on in the week.


What's the difference in negotiation this time??

Old Post Sep-29-2008 20:35  Romania
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Vivid Boy
TA's GodFather



Registered: Sep 2001
Location: T.O

quote:
Originally posted by PurpleHaze
What's the difference in negotiation this time??


basically obama and Mccain are going to tell their repunbicans and democrats that they need to fuckin vote yes. and willprobably tell them "i;m not your boss yet, but i will be. Vote yes."


trust me it'll go through and if they vote no I'm sur etheyll push it through anyways

Old Post Sep-29-2008 20:37 
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Sasha
Obsequey



Registered: Jun 2005
Location: Doll-Dagga Buzz-Buzz Ziggety Zag

glad the bail out failed. Bush just didn't wanna deal with all the crap, and wanted to cover his ass until January.

time to move to Russia, well, that's if you don't speak Chinese


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Old Post Sep-29-2008 20:40  Latvia
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me@t k@tie
dun dun dunnn



Registered: May 2005
Location: Wishes she was in Deutschland. :(

quote:
Originally posted by Vivid Boy
they need to fuckin vote yes.


no they fuckin don't.

Old Post Sep-29-2008 20:43  Canada
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TranceAddict Forums > Local Scene Info / Discussion / EDM Event Listings > Canada > Canada - Toronto & Southern Ont. > US Economy in CRISIS!
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