Crikey!

doglover: Oh noes! Imaginary money is gone!

Exactly. It's not even a real country. Wasn't it swallowed up by Germany in the '40s?

Does this mean I should start stockpiling Foster's and kangaroo jerky?

Drop in the bucket.

Harbinger.

They simply need to start pulling themselves up by their lederhosen.

That's not a loss. THAT's a loss

Just wait until the US loses their share from the stock market again.

canyoneer: Harbinger.

Earl? Is that you?

That's a lot of prawns.

The worst part of all this is that there is no good plan to revive the economy. Consumer confidence is in the toilet, unemployment is way up, economies around the world are tumbling, and the only two ideas are to either throw good money after bad or to cut spending and take our chances with smaller G expenditures.

We're really between a rock and a hard place, and it looks like this financial crisis isn't going to lighten up any time soon. 2008 we saw Obama sworn in and many hoped for change. Unfortunately things have only taken a turn for the worse and no one has any idea what to do about it.

That's the funny thing. No, nothing was actually 'lost'.

Imaginary shiat was 'lost'. Nothing was actually destroyed. Nothing vanished. There isn't a giant piggy-bank somewhere that is less full of currency today than it was yesterday.

The only 'loss' was a fake changing of numbers on a spreadsheet that means nothing.

Crikey! Look at this little bugger! You can see where he's overexposed to sovereign debt over here, which makes him VERY dangerous. Now watch what happens when I start short selling, that'll really piss 'im off!

Is now a good time to buy up undervalued stocks, or is this going to actually suck long-term?

The obvious solution is to have a one world government.

There. I predicted it.

Out of how much market cap?

Wait I forgot, this is fark. #everybodypanic #oops

AverageAmericanGuy: The worst part of all this is that there is no good plan to revive the economy. Consumer confidence is in the toilet, unemployment is way up, economies around the world are tumbling, and the only two ideas are to either throw good money after bad or to cut spending and take our chances with smaller G expenditures.

We're really between a rock and a hard place, and it looks like this financial crisis isn't going to lighten up any time soon. 2008 we saw Obama sworn in and many hoped for change. Unfortunately things have only taken a turn for the worse and no one has any idea what to do about it.

One goal that should occur is to not necessarily take drastic action, but to definitely take action. I'm on the reduced government spending and less taxation side. While it's not perfect it does do a few things. Mostly, it puts money back in the hands of the people, who (at least for America) generally seem intent on spending it willy-nilly. This is a Good Thing as it pushes the money back into the economy and helps to create jobs. I think another critical point is to ensure that business understand the stability of the environment. Without knowing that things are stable, they're highly-disinclined to invest.

I don't think they lost it, i tihnk just went walk about.

What's that? The entire world has this problem? But I was told by Fark Independents(tm) it was from 0bama's bad policies!

xaks: That's the funny thing. No, nothing was actually 'lost'.

Imaginary shiat was 'lost'. Nothing was actually destroyed. Nothing vanished. There isn't a giant piggy-bank somewhere that is less full of currency today than it was yesterday.

The only 'loss' was a fake changing of numbers on a spreadsheet that means nothing.

Keep that in mind when your boss stops paying you your imaginary paycheck and lays you off from your imaginary job because the imaginary value of the corporation you work for is now zero.

Oh, I forgot. Corporations are evil.

We are the 99%!!!

More jobs!

Less corporations!

Pants full of macaroni!!: So Mad Max is finally gonna come true?


Are you telling me it's not? Great. I thought Mad Max was a reality show.

Bankers who bet on loans their own bank gives out to default deserve to lose everything and pancake themselves on the pavement outside.

FTFA Senior banker Lucas Papademos has been officially named as Greece's new prime minister,


Huh? Isn't that like hiring a child molester to teach kindergarten?

portscanner: xaks: That's the funny thing. No, nothing was actually 'lost'.

Imaginary shiat was 'lost'. Nothing was actually destroyed. Nothing vanished. There isn't a giant piggy-bank somewhere that is less full of currency today than it was yesterday.

The only 'loss' was a fake changing of numbers on a spreadsheet that means nothing.

Keep that in mind when your boss stops paying you your imaginary paycheck and lays you off from your imaginary job because the imaginary value of the corporation you work for is now zero.

Oh, I forgot. Corporations are evil.

We are the 99%!!!

More jobs!

Less corporations!

Not worried.

See, I have actual *skills*. I *make* things, and *fix* what other people break / fark up. If my boss fired me today, I'll have a new guy signing the same sized paycheck by this time next week. I have a list of people waiting for me to leave my current job and come work for them.

I actually do more than just consume. I actually can *do* things. About 2/3rds of our population (or more) no longer can, and they're the ones flailing about as they sink deeper. They can't 'earn' anything because they have no actual abilities.

AverageAmericanGuy: The worst part of all this is that there is no good plan to revive the economy. Consumer confidence is in the toilet, unemployment is way up, economies around the world are tumbling, and the only two ideas are to either throw good money after bad or to cut spending and take our chances with smaller G expenditures.

We're really between a rock and a hard place, and it looks like this financial crisis isn't going to lighten up any time soon. 2008 we saw Obama sworn in and many hoped for change. Unfortunately things have only taken a turn for the worse and no one has any idea what to do about it.

This situation has been developing for decades. There is absolutely nothing that anyone can do to fix it. Everything is going to collapse and then we will have to sort the pieces out and hope that for once in our history humanity will learn a lesson and not create a screwed up monetary system like we are seeing fall apart right now.

Hydra: AverageAmericanGuy: Unfortunately things have only taken a turn for the worse and no one has any idea what to do about it.

It isn't so much as no one has any idea what to do about it - it's that we can't come to an agreement on what to do. There are plenty of ideas, but they come from people diametrically opposed to each other who will neither challenge their own views nor will accept the possibility of compromise.

It's this partisanship that has prevented any meaningful change for the better, and now we're stuck on this course for disaster, especially for the US economy.

/cure the FarkProgs: "IT'S ALL BUSH'S/REPUBLICANS' FAULT!"

I wish you could... I wish you could.

senzasord: FTFA Senior banker Lucas Papademos has been officially named as Greece's new prime minister,


Huh? Isn't that like hiring a child molester to teach kindergarten?

Well, he does have a lot of experience with children...

As we all watch our 401(k)s tank, let us focus on an important lesson.

Beware of Greeks bearing gifts bonds.

face it, history repeats itself

So, what exactly does it take to simply 'freeze' all of Italy's debt? Make it illegal to sell bonds on the open market until things have calmed down. I don't know why we're letting banksters shut down entire countries.

Thunderdome in effect.

They need to return to a wallaby-backed currency to return some stability to their economy.

Or they could try taking over Poland.

Both are proven strategies.

senzasord: FTFA Senior banker Lucas Papademos has been officially named as Greece's new prime minister,


Huh? Isn't that like hiring a child molester to teach kindergarten?

They should hire a cop - it's not a tumah!

xaks: I actually do more than just consume. I actually can *do* things. About 2/3rds of our population (or more) no longer can, and they're the ones flailing about as they sink deeper. They can't 'earn' anything because they have no actual abilities.

Pfft. I have abilities. I make smart-assed comments on Fark at work. I could get hired plenty of places to do that.

It says a 3% drop, which is less than the US markets yesterday. Also, I cried when I looked at the savings rates for Australian banks on the right side.

6.5%? I'd be happy with 1.00%

And this is why mercantilism sucks balls.

fark Silvio Berlusconi. I remember just a few months ago when everyone was laughing at him because he's just so crazy and saying "Oh, Silvio, what will you do next?" Turns out he'd crash the economy.

/mercantilism != capitalism

doglover: Oh noes! Imaginary money is gone!

Middle class taxpayers will end up recouping Wall Street for the loss of their imaginary money.

Is it goo feasting time yet?

doglover: Oh noes! Imaginary money is gone!



They have angered the economy!

Australians + crises = WW's
(crisi?)