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Author Topic: Central Banks scramble to prevent total crash  (Read 396 times)

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Offline Matthew

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Central Banks scramble to prevent total crash
« on: August 10, 2007, 11:30:58 PM »
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    Offline gladius_veritatis

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    Central Banks scramble to prevent total crash
    « Reply #1 on: August 11, 2007, 07:19:33 AM »
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  • Europe pumped in $213 billion this week alone.  They can manipulate it all they want, they cannot save it - nor do they really want to.
    "Fear God, and keep His commandments: for this is all man."


    Offline dust-7

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    Central Banks scramble to prevent total crash
    « Reply #2 on: August 11, 2007, 01:18:26 PM »
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  • Quote from: ChantCd
    Central Banks Working Together to Avert Crash


    I agree with any concern that 'global bankers' are going to somehow do right by this world. I particularly understand concerns over an institution in this country called the Federal Reserve.

    Maybe that's cynical. Maybe it's sound thinking. I still think any recession is a ways off, if recent history is a guide.

    And remember, again, Black Monday. Remember the collapse, and how quickly money again poured in, raising the various indices. The Hong Kong market - remember - lost almost half its value. The 'industrials' index, here, lost almost a quarter of its value.

    You'd have to see that 'industrials', again so-called, dip below 11 to see something similar, now. And that was just within a couple of days, about a week. What we're seeing now, is stretching out over many weeks, up one day, down the next. And what checks against programmed trading also are now in place as they were not then.