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Europe shares plunge in early trade as banks slide

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posted on Oct, 8 2008 @ 03:42 AM
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Originally posted by Universal Light
check this:

uk.finance.yahoo.com...


sheesh thats alot of red!!!!!



posted on Oct, 8 2008 @ 03:43 AM
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It's OK everyone. Gordon and Alastair have it all covered so we can just relax now and take it easy. In the meantime can someone get a message to the markets that they've taken care of it because the markets don't seem to have got the message yet. ;



posted on Oct, 8 2008 @ 03:46 AM
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reply to post by Maya00a
 


haha.. yup just like George and Henry had it covered with their bail out for the US



posted on Oct, 8 2008 @ 03:50 AM
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reply to post by Maya00a
 


True they didnt
But what is 700B$ or 50B British pounds,
I hate to be harsh about it, But that money is peanuts to these people,
And you never know, It could solve the problem or at least help it
All im saying is that this drop is a natural thing, All be it dramatic, The same thing happend in the 60's , the 80's and will probably happen again in 2020
The markets will drop more, you can bet on that, But they cant fall forever...They will rise again and the economys of the world will steady again
Not today, Not tommorw , But soon



posted on Oct, 8 2008 @ 03:54 AM
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reply to post by WERE_ALL_GONA_DIE
 


your in a state of denial, or just purposly trying be argumentive.. this is the end of the current market system... they are crashing it to bring in a one world cashless economy.



posted on Oct, 8 2008 @ 03:58 AM
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Originally posted by Universal Light
check this:

uk.finance.yahoo.com...


Did anyone notice that there was only one market going up ?
Israel's market is up over 4.5 %, looks like that's the place to be looking.



posted on Oct, 8 2008 @ 04:01 AM
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Originally posted by savetimerushonline
reply to post by WERE_ALL_GONA_DIE
 


your in a state of denial, or just purposly trying be argumentive.. this is the end of the current market system... they are crashing it to bring in a one world cashless economy.



Heh, Argumentative?, I'm telling you What i think , What i know and What is fact
And who is "They", I love a good boogieman conspiracy as much as the next man But i dont go spouting them willy nilly without any proof

I suggest you do some reserch before you make a claim so wild as to say "they" (Still unknown) are crashing the world economy to Bring in a cashless system
Do you know how much work and how many years it would take to conform all the worlds nations to conform to such a method of trade?
Clearly not my good chum



posted on Oct, 8 2008 @ 04:06 AM
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Originally posted by WERE_ALL_GONA_DIE

Originally posted by savetimerushonline
reply to post by WERE_ALL_GONA_DIE
 


your in a state of denial, or just purposly trying be argumentive.. this is the end of the current market system... they are crashing it to bring in a one world cashless economy.



And who is "They",


they are the global elite, attendees at bilderberg meetings, illuminati, lucifer worshiping RICH men of the earth.



posted on Oct, 8 2008 @ 04:06 AM
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Originally posted by yellowbeard

Originally posted by Universal Light
check this:

uk.finance.yahoo.com...


Did anyone notice that there was only one market going up ?
Israel's market is up over 4.5 %, looks like that's the place to be looking.


That market is closed. Intersting that it was the only up market during these times



posted on Oct, 8 2008 @ 04:08 AM
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reply to post by Universal Light
 

Only market going up is israel



Edit: oh.. reached the end of the thread now... should have not posted at once

[edit on 8-10-2008 by Alphard]



posted on Oct, 8 2008 @ 04:11 AM
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reply to post by savetimerushonline
 


Trust me i know who they are
SO these men are bringing in a cashless system
What would be the point? These men are powerfull because they are RICH as you said yourself, So if you take away the cash, What are they then? They are the same as you and me
As the old saying goes, Money= Power





As you can see the econmy is dropping, Hard and fast
But it is still over 2000 over what it was 5 years ago
It is the simplest thing in the world, Yet some people cant grasp
I will try and put it in the simplest terms i can for you
The higher the number goes up, The easier for it to drop and the higher it can it goes up the MORE it can drop
The lower the number drops the HARDER it is to drop and it will drop LESS



posted on Oct, 8 2008 @ 04:11 AM
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reply to post by Universal Light
 


look for the world to blame Israel as being a major cause of the global financial meltdown.. as I said, we are on the verge of www3.. buckle UP!



posted on Oct, 8 2008 @ 04:11 AM
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You know what I can't get off my mind? What could stop this? What sector of the market can support it on its back and bring this out of the hole?

The only answer I have is nothing can. I hope I'm wrong.



posted on Oct, 8 2008 @ 04:14 AM
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I can't read French which is the only source for this but supposedly they halted trading for 40 minutes.

2nd line.



posted on Oct, 8 2008 @ 04:18 AM
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Originally posted by WERE_ALL_GONA_DIE
reply to post by Maya00a
 


True they didnt
But what is 700B$ or 50B British pounds,
I hate to be harsh about it, But that money is peanuts to these people,
And you never know, It could solve the problem or at least help it
All im saying is that this drop is a natural thing, All be it dramatic, The same thing happend in the 60's , the 80's and will probably happen again in 2020
The markets will drop more, you can bet on that, But they cant fall forever...They will rise again and the economys of the world will steady again
Not today, Not tommorw , But soon


Well it may be peanuts to 'these people' but it isn't peanuts to the taxpayers and with jobs being cut everyday there's less and less taxpayers to pay it back.

I appreciate that markets go up and down but a global recession is a pretty serious thing and it's seriously affecting my business now. Orders are on hold and some are put back till the beginning of the year. So, I hope you're right and everything will be on the up soon.

I wish I had your optimism but more than that, I wish my customers had your optimism because unfortunately I have a mortgage to pay and, as of today, I have no way to pay it. In the chain of my business nothing is moving so no money is changing hands but hopefully my bank will understand that things will change soon, just like they always have. Somehow I doubt they'll take that tone and share your optimism.

But, as I said - I really envy your optimism and wish I could share it and then I could get rid of the butterflies in my tummy.



posted on Oct, 8 2008 @ 04:18 AM
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reply to post by Universal Light
 


nothing can stop this.. you are witnessing the birth of the global currency.

It's simple.. collapse all current markets.. to bring about chaos.. restore order with single market, single currency solution.



posted on Oct, 8 2008 @ 04:19 AM
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reply to post by savetimerushonline
 


Please freind
Pray tell how World War 3 can happen from this
I'm sick of fear mongers on this baord, Stop making outlandish claims without backing them up
I hate to get so off-topic but FFS man, Give somthing to back up your asinine claim



posted on Oct, 8 2008 @ 04:19 AM
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reply to post by Universal Light
 


Looks like it based on charts. They go flat for a short time before 11.
Markets are rebounding some now; let's hope for everyone's sake they bounce back!

Edit: Confirm on CAC halt:



Reuters

The settling of France's main share index, the CAC-40 was halted for 15 minutes due to huge sell-offs in a significant number of shares, a spokeswoman for exchange operator NYSE-Euronext said on Wednesday.

The 15-minute rule applies when 35 percent of the stock exchange's market capitalisation is indicated limit-down, she said.


[edit on 10/8/2008 by anachryon]



posted on Oct, 8 2008 @ 04:22 AM
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Originally posted by savetimerushonline
this is the end of the current market system... they are crashing it to bring in a one world cashless economy.

Cashless economy? Thanks for the good news. I'm always broke and thrilled that the new economy will work for me too.



posted on Oct, 8 2008 @ 04:24 AM
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reply to post by savetimerushonline
 



Yeah I can't help to agree with you. The dots seem to be too connected. It would be way too coincidental for this to be occuring without intent.

Would be crazy if they went straight to a one world currency. That would put a severe advance on the timeline CT'ers think is happening.



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