So, what do you guys think about the economy crisis in the US, which affects Europe to a great extent too...?

source: animenewsnetwork

Join SRoMU Scanlations or visit #SRoMU at IRCHighWay.

Sucks much. : (
Poor stocks. ;__;

Yeah, this might even lead to the fall of America, as leading country of the world... This could really end off bad. 😮

source: animenewsnetwork

Join SRoMU Scanlations or visit #SRoMU at IRCHighWay.

Well, we had a crisis here on 2001, and well there were some that were more affected than others. I don't really know how will it affect my country, but somehow I feel safe not being that close to the US.

This week's favorites:

• Golden Kamui

ççççççç[Ô.Ô] tsutopodus© will eat your manga and steal your cats!

Quote from tsuto

Well, we had a crisis here on 2001, and well there were some that were more affected than others. I don't really know how will it affect my country, but somehow I feel safe not being that close to the US.

This will affect all the markets, its going to be a bad day tomorrow.

Its not really surprising. This time we can't hope that the war will bring us out the crisis like before, because its the major cause of it.

Our generation's future looks bleak... and its not even really our faults, how sad.

[img]http://s4.tinypic.com/23jr85h.jpg[/img]

Ya its not a good day to be an American I just hope they will get off their butts and try and fix this instead of voteing down the relief measure because its so close to elections and they don't want people angry with them.

Quote from Dr. Love

Yeah, this might even lead to the fall of America, as leading country of the world... This could really end off bad. 😮

I wouldn't call it that... there are many things that made the U.S the superpower that it is today.

But this will impact the world severely if not resolved soon.

Many outside the U.S are worried because they have invested heavily in it.... the recently proposed $700 billion won't fix the situation by itself, simply because there are too many financial institutions affected. If the U.S Congress decides to spend $700 billion to bail out some of the Wall Street banks, where will that money come from?

The U.S government could get the money by selling more bonds or printing more money. If the government issued more bonds, the increase in supply of bonds would drive down the price. This is not good and would cause an uproar among bondholders. Investor confidence is at an all time low, and many people might take their money out of troubled institutions and put it where they think it will be safer, such as in gold, which might save themselves in the short-term but would further plunge the said financial institutions into more economic distress.

Printing more money, on the other hand, could cause inflation, which as we all know leads to higher cost of living and less savings, which in turn leads to lower consumer confidence and recession will creep in simply because people don't have the cash to spend or invest in. Lower U.S consumer confidence is what many countries outside the U.S are worried about.

Many foreign producers depend on exports to the United States for their own economic health. If the United States is in a recession, and American consumers cut back spending on things like computers or clothes, the countries that manufacture those products are in trouble. So foreign producers basically care about whether the American financial crisis is resolved or not, though not as much about the means for resolving it.

Many foreign banks hold a lot of United States assets, including mortgage-backed securities. Mortgage-backed securities, I’m sure you’ve heard, are not doing so well these days. So what happens if a foreign bank fails because these assets turn out to be worthless?... They gotta close up shop, and their investors and affected and the cycle repeats itself all over the world. People who had previously relocated money to "safe" stuff like gold will also realize that there are no buyers and they won't be able to sell that gold at anywhere near the prices they bought at, and if people with gold are screwed, what do you think would happen to the rest of us?... we're all fucked, basically, American or not.

BTW.... I'm not an economist and was born retarded, so forgive me and point out if I got any facts wrong.

Point & Squirt

Quote from Dr. Love

Yeah, this might even lead to the fall of America, as leading country of the world... This could really end off bad. 😮

I don't like that statement from some reason...
The $ is dropping... What to do what to do... Good thing I don't use $ 🤣

But that really is terrible... How such things can happen...
Careless people... Those banks should have given less uncoverable loans...

Hrodulf and Bjornolfr, you will not be forgotten.
[img]http://i411.photobucket.com/albums/pp199/SyberAngelGabrielle/couplesig.jpg[/img]
[color=black]And if the world were black and white,
you would be my rainbow in shades of grey.[/color]

Click 'n Play!

If I had a fantasy self, it'd be a tentacle monster.

More taxes, more taxes, less happiness, more riots, commit atrocities.

I got couple interesting vids.

http://www.youtube.com/watch?v=lrUs5pAWux0&feature=related
http://www.youtube.com/watch?v=ojpW-lTn728

"Hip-hop was set out in the dark. They used to do it out in the park"

Quote from NightSwan

Quote from Dr. Love

Yeah, this might even lead to the fall of America, as leading country of the world... This could really end off bad. 😮

I don't like that statement from some reason...
The $ is dropping... What to do what to do... Good thing I don't use $ 🤣

But that really is terrible... How such things can happen...
Careless people... Those banks should have given less uncoverable loans...

And what really sucks is that those banks were forced by the government to give those uncoverable loans to people because of "equal lending". In other words, banks were forced to give loans to people who don't qualify because of the color of their skin, not because they were financially secure enough to be able to pay the loan back. Granted this is only a small part of the huge crisis that I can't even begin to understand lol

Quote from gan17

Quote from Dr. Love

Yeah, this might even lead to the fall of America, as leading country of the world... This could really end off bad. 😮

I wouldn't call it that... there are many things that made the U.S the superpower that it is today.

But this will impact the world severely if not resolved soon.

Many outside the U.S are worried because they have invested heavily in it.... the recently proposed $700 billion won't fix the situation by itself, simply because there are too many financial institutions affected. If the U.S Congress decides to spend $700 billion to bail out some of the Wall Street banks, where will that money come from?

The U.S government could get the money by selling more bonds or printing more money. If the government issued more bonds, the increase in supply of bonds would drive down the price. This is not good and would cause an uproar among bondholders. Investor confidence is at an all time low, and many people might take their money out of troubled institutions and put it where they think it will be safer, such as in gold, which might save themselves in the short-term but would further plunge the said financial institutions into more economic distress.

Printing more money, on the other hand, could cause inflation, which as we all know leads to higher cost of living and less savings, which in turn leads to lower consumer confidence and recession will creep in simply because people don't have the cash to spend or invest in. Lower U.S consumer confidence is what many countries outside the U.S are worried about.

Many foreign producers depend on exports to the United States for their own economic health. If the United States is in a recession, and American consumers cut back spending on things like computers or clothes, the countries that manufacture those products are in trouble. So foreign producers basically care about whether the American financial crisis is resolved or not, though not as much about the means for resolving it.

Many foreign banks hold a lot of United States assets, including mortgage-backed securities. Mortgage-backed securities, I’m sure you’ve heard, are not doing so well these days. So what happens if a foreign bank fails because these assets turn out to be worthless?... They gotta close up shop, and their investors and affected and the cycle repeats itself all over the world. People who had previously relocated money to "safe" stuff like gold will also realize that there are no buyers and they won't be able to sell that gold at anywhere near the prices they bought at, and if people with gold are screwed, what do you think would happen to the rest of us?... we're all fucked, basically, American or not.

BTW.... I'm not an economist and was born retarded, so forgive me and point out if I got any facts wrong.

A+ post.

That's pretty much the gist of it. But I'm trying to be somewhat optimistic about it (if that's possible). It's time to cut back on spending, that's for sure.

It's also possible that the economic crisis could lead to bringing back manufacturing to the US. (Note I said possible. This is my own thought process, and is not corroborated by any outside source). If consumer power declines due to people losing their jobs, a lot of oversea producers will fold. The American people are going to need manufactured products in the future and they are also going to need jobs, so it could lead to the reopening of factories in the US.

I doubt it, but like I said, optimistic.

Listen here
Livin just to keep from dyin
[img]http://imagegen.last.fm/TheDarkTen/recenttracks/imgooley.gif[/img]

That could be an option, the companies would
have to pay more money since the workers are
more expensive, but they'll just have to suck it up then. 😮

source: animenewsnetwork

Join SRoMU Scanlations or visit #SRoMU at IRCHighWay.

This falls under Political talk. We have yet to finish the talks in regards to Politics, so locked for now.

Welcome to Manga-Updates!
If you're new, please read the rules.
If you're returning, please follow them.