Results 1 to 5 of 5
  1. #1

    Default A bad day at Red Rock..stocks down

    Has some connection to China somehow. Dow dn 700 NAS dn 400
    If I should die before I wake...great,a little more sleep.

  2. #2
    Join Date
    Feb 2010
    Location
    Earth
    Posts
    7,837
    Blog Entries
    3

    Default

    They are having their own version of 2007.

    Lehman Brothers = Evergrande

    Credit default swaps, and foreign banks have invested. No US taxpayers to protect our domestic banks from poor investments though.
    "The first gun that was fired at Fort Sumter sounded the death-knell of slavery. They who fired it were the greatest practical abolitionists this nation has produced." ~BG D. Ullman

  3. #3

    Default

    Credit default swaps. I don't like that Raymond.
    If I should die before I wake...great,a little more sleep.

  4. #4

    Default

    Markets back up. You always get a couple of warning shots.
    If I should die before I wake...great,a little more sleep.

  5. #5

    Default

    I think the deal in China was you can't own the land but you can own a condo. So industrious savers have plowed money into condominiums that nobody lives in, veritable ghost cities.

    Spooky

    https://allthatsinteresting.com/chinese-ghost-cities
    Last edited by togor; 09-22-2021 at 10:59.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •