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Global Meltdown


hypnodoc

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I have very limited knowledge on this however I do see a common trend and that is Multinational companies going down and making the common people pay for their mistakes. Maybe the world with the help of the internet and multinational companies has gotten to small, a few stumbles by the US and and we start sh*tting our selves that we are next.

There may be some doom and gloom on the horizon but if people stay positive and ride it out, we will come through it a lot quicker.

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Im only a young guy so this doesnt effect me as much as a lot of people and iv really not paid much attention to world economy until the last few years but this is an interesting topic... Ill be watching with interest!

Iv got a bit of an idea, but Im looking to get into my own place early to mid next year so the more I understand, the better...

Will this have a major effect on new home owners or should I put off buying for a little while longer.

Im kinda hoping I can get into the market at a low and I wont be after much of a short term gain, but when are things likely to start to recover and start heading up again?

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The pros reckon Feb 09 will be the low point for the housing market, with all the crap that's going down along with the "oh f*ck would you look at the credit card bill after christmas...I better sell the house" factor.

But that could all change within the next 24 hours :blink:

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It's amusing that they have trivialized the ending of ZEITGEIST into a hypnotic dream scape and centered the whole scenario on the US without it being more than what it actually is... a global concern that goes back well before the americas came into existence....

Fck thats a bit deep idinit.... :blink:

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Yeah, people are still getting over how much they blew in the holiday season.

Edited by Dillz
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I think it is faked that the citizens are bailing out private companies. They got themselves into that mess by using dodgy tactics, and no doubt took home all the performance based bonuses along the way, and when it all comes crashing down, the regular joe effectively has to pay out his pocket..

I cant get my head around it, its clearly wrong..

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