View Single Post
Old 12-02-08, 06:26 PM   #3
bookworm_020
Navy Seal
 
Join Date: Aug 2005
Location: Sinking ships off the Australian coast
Posts: 5,966
Downloads: 1
Uploads: 0
Default

Quote:
Originally Posted by Skybird
When this is over, the game will no longer be played by the old rules.
The problem is the game wasn't played by the old rules to begin with! One of the most obvious things that needs to be addressed is the way credit is delt out and to whom. The fact that there was so many sub prme loans, dodgy trades and high risk investments, shows that there needs to be better risk assesment done as well as better guide lines for theose who make the decisions.

Quote:
Stay away from junk. invest in blue chips
Or don't go into the casino to begin with???:hmm:

Quote:
Originally Posted by GoldenRivet
the average life span of a recession... 14 months.



Quote:
What makes you think this recession resembles an average recession?
Agreee, the average may be blown out by this one!
bookworm_020 is offline   Reply With Quote