SHUT HER DOWN!!!
This just hit the Drudge Report:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aP5mpMUORBWM
G8 going to discuss CLOSING the world markets to stabilize. Developing...
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useless, will just prolong
useless, will just prolong the inevitable
Unbelievable.
This just keep getting more ridiculous. I thought that nationalizing all of the banks was as drastic as it would get. What would be the immediate effects of closing the world markets?
My goodness. Where was the
My goodness. Where was the theread about moving towards communism? This is ridiculous.... I seriously hope that this doesn't happen.
Inevitably
Inevitably some 3rd World shithole won't cooperate and will provide an avenue to punish the market while it is closed.
This is a VERY bad idea, so don't be surprised if it comes to fruition. The next step will be a common global currency. You heard it here first.
Berlusconi Reverses Claim
Berlusconi Reverses Claim Leaders May Close World's Markets
By Steve Scherer
Oct. 10 (Bloomberg) -- Italian Prime Minister Silvio Berlusconi reversed his comments that leaders are discussing closing the world's financial markets while they ``rewrite the rules of international finance.''
``I heard it on the radio,'' Berlusconi said about an hour after his initial comments his spokesman confirmed. ``The hypothesis wasn't put forward by any leader, including myself.''
Classic
The right hand doesn't know what the left hand is up to.
Like it or not, you have to admit this isn't boring.
It won't happen. That is an
It won't happen.
That is an incredibly stupid idea.
Lots of Stupid Ideas
It won't happen.
That is an incredibly stupid idea.
Yeah, but it's not like we are having a shortage of stupid ideas. You never know what they're gonna do next.
If Berlusconi came up with
If Berlusconi came up with this......then God help us all!!!
White House dismisses the idea (for now)
http://www.reuters.com/article/newsOne/idUSTRE4996IJ20081010
the US actually did this
the US actually did this once before, on the cusp of WWI. all public markets were shut for 6 months, and this may have prevented a major crash in the market.
just putting out a contrary viewpoint
wouldnt mind a 3day weekend
wouldnt mind a 3day weekend :(
Postponing the inevitable
the US actually did this once before, on the cusp of WWI. all public markets were shut for 6 months, and this may have prevented a major crash in the market.
Or postponed it till 1929...
berlusconi is an
berlusconi is an idiot
shouldnt he be concerned with mafia related issues
Believe me, he has no issues
Believe me, he has no issues with the mafia...or at least some parts of it.
Shutdown and re write the rules?
lol.
its a good idea to close markets
i think that closing down the markets for a week is a good idea. what's happening now is mass hysteria - probably best to close it and let everyone take a breather. sure it may not work - but at least there is a chance. keeping markets open now doesn't really serve any purpose whilst people are trying to grapple with all these issues.