IMF just issues dire outlook.

[rsnoble-im-back]

IMF warns that markets could collapse by another 20% - Times Online

Within days or weeks my bottom calling could be as lousy as Cramer's. Everyone's 401k about to be a ZeroK.

 

[lostinfitness]

I keep telling my parents to cash out their 401k's. I don't care about the tax hit. Keep it in the safe in cash. fawk the possible interest.

 

[PICK3]

I keep telling my parents to cash out their 401k's. I don't care about the tax hit. Keep it in the safe in cash. fawk the possible interest.

If you cash out early you get "a" raped

 

[rsnoble-im-back]

We'll see, all the experts said oil would never go below $100 either. However, this situaion is much bigger and far more worse than an overdone oil trade.

 

[juiceddreadlocks]

We'll see, all the experts said oil would never go below $100 either. However, this situaion is much bigger and far more worse than an overdone oil trade.

nobody really thought we'd have nearly the demand destruction we've had with the higher cost of transportation fuels. Some was expected, not this much.

 

[rsnoble-im-back]

Have a couple beers then read this:

Financial crisis: Countries at risk of bankruptcy from Pakistan to Baltics - Telegraph

LOL, a few weeks ago these type of readings would have been considered more idiotic conspiracy bs. We have a real problem on our hands.

 

[lostinfitness]

Pick3 forget the tax liability. What if you lose your whole pension... worry about taxes or worry about being broke...which one is better?

 

[goin on 4T]

The government is going to step in and start buying positions in equities. How long they can hold up the walls that are cracking around them will be interesting!

 

[lostinfitness]

The govt buying equities is laughable. it didn't work when they did it in the depression. why will it work now lol

 

[all the whey]

I think the economy will start to turn around now.

Because, Arabian helped a member's sister acheive her dream of owning a red corvette


Thanks for stimulating our economy by helping a member's sister acheive her dream of owning a red corvette Arabain!!!!!!!!!!