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-   Off-Topic Discussion (http://www.oddworldforums.net/forumdisplay.php?f=9)
-   -   So, umm... the Stock Market (http://www.oddworldforums.net/showthread.php?t=17398)

OANST 10-10-2008 12:53 PM
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My uncle explained what's happening in Australia to me tonight; apparently a lot of investors were taking really cheap loans in Japan and then investing in the Australian stock market because of the good exchange rate. Then the banks started recalling the loans and the dollar started drooping and everyone started cashing in their shares and moving their cash back overseas. Thus the drop in the sharemarket and the further drop in the exchange rate.
Were you sitting on his knee?

Strike Witch 10-10-2008 04:31 PM
Gather 'round, younglings, and I shall spin you a tale of the economeeee~

Wings of Fire 10-10-2008 04:36 PM
Luckily I'm a student and am therefore in a somewhat sheltered position :), unless the Student Loan Company falls, then 80% of British university students are fucked.

Nate 10-10-2008 06:20 PM
This just about sums it up for me:
http://images.salon.com/comics/boll/...boll/story.gif

Also, I'm in a damn good situation right now seeing as the dropping value of property is going to cause people to stop selling houses and start renting them out (yay) and I have hardly any money invested in my superannuation so it's good to start a job when the stock market is down rather than up.

Wings of Fire 10-14-2008 10:06 AM
http://cache.gawker.com/assets/image...mistohfuck.jpg
Yes I KNOW it's a fake cover. but still pretty damn awesome.

Bullet Magnet 10-14-2008 02:12 PM
I wish they had the balls.


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