Go Back   ITalkCash.com - Forum for financial investments > General Discussions And News > I Talk Cash News
Forum Register IRC Chat Downloads Calendar Search Today's Posts Mark Forums Read

The economy is crumbling - italkcash news

Reply
 
LinkBack (1) Thread Tools Display Modes
  1 links from elsewhere to this Post. Click to view. #1 (permalink)  
Old 05-25-2008, 10:21 AM
ITalkCash Administrator
 
Join Date: Nov 2007
Posts: 305
Downloads: 1
Uploads: 11
Default The economy is crumbling

As the recession continues investors are desperately trying to figure out a way to keep their money. The hardest hit is taken by the US, with high oil prices, high food prices and home owners unable to pay their mortgage as a result of the uneasy loaning.

At the same time GM (General Motors) are facing a huge strike, stock brokers fleeing to Asia and the war against terror still hammering the economy, while the US dollar is slowly loosing its value, currently reaching 50% of its value since 2001.

Europe is not hit as hard, the interest rate is still kept high to prevent inflation, and the EU central bank is starting to lend money to banks as seen in the US.

Asia on the other hand is doing good, it has a growth and investors are throwing money in projects and companies.

Any clever investor should stay far away from USA right now! Do not buy houses, land or invest in public companies, its poised to fail. Instead go for Europe as its economy is and stability is getting better due to the fact that Europe is the largest economy and has a better chance of surviving a financial slaughter.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #2 (permalink)  
Old 05-25-2008, 11:01 AM
id62000's Avatar
Super Moderator
 
Join Date: Dec 2007
Posts: 890
Downloads: 0
Uploads: 0
Default

Seems like only Europe is doing well now.
In Asia, Chinese share prices tumbled 1.87 per cent and South Korea fell more than 1 per cent. Singapore, Hong Kong and India were pushing towards losses of 1 per cent, while Taiwan closed down 0.59 per cent last week.
The poor performance in Asia followed steep falls this week.
__________________
Never share your den with a fox cleverer than yourself.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #3 (permalink)  
Old 05-25-2008, 04:25 PM
Superior Investor
 
Join Date: Jan 2008
Location: Hyips-Rank.Com
Posts: 637
Downloads: 0
Uploads: 0
Send a message via MSN to AzeAzeAze Send a message via Yahoo to AzeAzeAze Send a message via Skype™ to AzeAzeAze
Default

From Clearly That China´s And Europe´s Economy Threatens America´s Economy To The Collapse, And This Is Due To Errors Of Washington DC, As The War Of Iraq And Afghanistan, And Spending Millions Of Dollars On Weapons And Soldiers and The Rest Of The Expenses Of War.
Of Course This Is Clear To Us In The Value Of The Dollar And The Daily Increase Of Oil´s Value..

From The Other Continent, Europe Is Building Their Economy, And Much Investors Go And Invest In Europe Evasion Of The American Economy Failure Cascade, And That Helps Europe To Build The Euro´s Value, And They Already Successed..
And Asia, And Specially China, We Believe That The Chinese Products Began Sweeping Global Markets (African Markets Specially) Where China Took Advatages Of The Depreciation Of The Dollar And The High Prices Of The Products, They Began Marketing Their Products At Low Prices To Attract More People And Achieve A Huge Economical Victory On The Largest Economy In The World, Which Is The U.S. And EU Economy.
As They Say: The Day China Wake Up, The World Will Be Impressed.

And As I Think To Improve The U.S. Economy And Regain Its Lead In The World, They Myst Change Their Political-Oriented, And This Will Happen IF The Democratic Obama Or Hillary Clinton Become The Next U.S. President !
__________________
- Iearn-Money.Com : The Best Online Opportunities To Earn Easy Big Amounts Of Money
- FXind - Supportive Forex Broker . Get 25$ bonus -
- Slot Available -
| Liberty Reserve | Paypal | AlertPay | E-Gold | AlterGold |
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply
Tags: ,


Thread Tools
Display Modes


LinkBacks (?)
LinkBack to this Thread: http://www.italkcash.com/forum/i-talk-cash-news/11949-economy-crumbling.html
Posted By For Type Date
ITalkcash Investment & Finance Forum for FX, HYIP & Credit Cards This thread Refback 06-11-2008 11:30 AM

All times are GMT. The time now is 04:33 AM.

ITalkCash.com - Forum for financial investments - Archive - Top

All rights reserved www.italkcash.com

 


Forum