Wednesday 17 September 2008

BACK INNA USSR...

yo! gudonya comrade...particle roubles next innit?

bazza : "The criminal enterprise, formerly known as Russia, has decided to halt trading. With its stock market down 57%, Putin & Co. are being even more risk averse than Paulson, Bernanke, et.al. & Co." thebigpicture

ninja : ..."These events will absolutely crater the Russian economy. I’m talking about the REAL economy here. Entire enterprises will get destroyed in this liquidity crunch, idling both machines and labor. This won’t become evident for months. But the damage has been done. Believe it."

bazza :.."Here in the US, we may be well meaning interventionists Socialists -- but at least our markets are open !"

previously on PALOOKAVILLE : financial news and sport

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