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Possible bank failures on the way

Discussion in 'Politics & Religion' started by Bernard, Feb 8, 2008.

  1. #1
    “It's All Downhill From Here, Folks”

    ~~~

    GREENRUSH MARKET WIRE: February 5th, 2008 - the analyst on the video is talking about the market and telling the audience to expect bank failures. He concludes by telling people to check on the health of their bank.
     
    Bernard, Feb 8, 2008 IP
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  2. smatts9

    smatts9 Active Member

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    #2
    Yeah, I can see 2 banks failing this year.
     
    smatts9, Feb 8, 2008 IP
  3. astup1didiot

    astup1didiot Notable Member

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    #3
    They issue that every year, nice way to spin stuff like the media does ;)
     
    astup1didiot, Feb 8, 2008 IP
  4. smatts9

    smatts9 Active Member

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    #4
    Yeah, I can see 2 banks failing this year.
     
    smatts9, Feb 8, 2008 IP
  5. debunked

    debunked Prominent Member

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    #5
    Well, spit it out.... You see what 2 banks failing this year?
     
    debunked, Feb 8, 2008 IP
  6. Bernard

    Bernard Well-Known Member

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    #6
    You might try actually reading next time.
     
    Bernard, Feb 8, 2008 IP
  7. smatts9

    smatts9 Active Member

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    #7
    I can't give all my secrets away, but I should be more specific by broadening my prediction to not just banks, I meant 2 financial organizations.

    When I'm right I'll be sure to bring it up. :cool:
     
    smatts9, Feb 8, 2008 IP
  8. debunked

    debunked Prominent Member

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    #8
    Weak arguement. If you spout off twice that you see 2 banks closing, they you should be able to back it up with a little bit of info at least. Maybe some reasoning.

    I am calling your bluff of just spouting off something.
     
    debunked, Feb 8, 2008 IP
  9. smatts9

    smatts9 Active Member

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    #9
    A. I spout off twice just because that guy said whatever he did after me.

    B. You need some info on how stupid these imbeciles are that run these institutions? This housing bubble is enough.

    C. What the hell do I gain from bluffing a bunch of webmasters on market predictions?
     
    smatts9, Feb 8, 2008 IP
  10. debunked

    debunked Prominent Member

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    #10
    A. you repeated yourself for no reason
    B. Those imbeciles gambled which can make them money sometimes, but the imbecile that took the loan also gambled with much higher percentage of their own money than the bankers
    C. trying to make oneself look like a know-it-all....
     
    debunked, Feb 8, 2008 IP
  11. guerilla

    guerilla Notable Member

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    #11
    As opposed to those who make themselves look like "know nothings"?
     
    guerilla, Feb 8, 2008 IP
  12. bogart

    bogart Notable Member

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    #12
    Banks won't fail. Either the Fed will pay off the depositors or Congress with provide another bailout. We can always start printing $500 notes.
     
    bogart, Feb 8, 2008 IP
  13. guerilla

    guerilla Notable Member

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    #13
    lmao.

    The $6 Million Lunch

     
    guerilla, Feb 8, 2008 IP
  14. astup1didiot

    astup1didiot Notable Member

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    #14
    They still post the process "every" year, they updated the process, nothing more. Go back to your 9\11 conspiracy. :rolleyes:
     
    astup1didiot, Feb 8, 2008 IP
  15. bogart

    bogart Notable Member

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    #15
    bogart, Feb 8, 2008 IP
  16. Rebecca

    Rebecca Prominent Member

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    #16
    So do you think banks are safe? Should I put it under my mattress? Just from reading on the forum, I gather that many people believe you should invest in gold. I was looking on google to figure out how I do that, don't really understand. Does anyone know of simple info I can read that would explain how?
     
    Rebecca, Feb 8, 2008 IP
  17. guerilla

    guerilla Notable Member

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    #17
    PM Tesla. He seems to be quite knowledgeable on the matter. I'm sure he would be happy to give some free advice.
     
    guerilla, Feb 8, 2008 IP
  18. Rebecca

    Rebecca Prominent Member

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    #18
    Ok thanks, I'll do that...
     
    Rebecca, Feb 8, 2008 IP
  19. bogart

    bogart Notable Member

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    #19
    The problem is the inflation that bank failures will cause. The Fed can never run out of money and you will be paid.
     
    bogart, Feb 8, 2008 IP
  20. Rebecca

    Rebecca Prominent Member

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    #20
    So you will get your money, but it won't be worth much. If guess then if you save your money in gold, then I think it should retain some value. What will raise in value as the dollar falls? Or what would keep it's value (other than gold)?
     
    Rebecca, Feb 8, 2008 IP