Voice from the Past

[sleightgirl.livejournal.com]

Not really a cartoon, so if it's not allowed...sorry.

Remember back in Desert Storm when we decided not to invade Iraq?

Watch on YouTube

Comments

[johnny9fingers.livejournal.com]

These are British stocks: this is our reaction to our hedge fund's exposure to the US sub-prime mortgage problem. Many hedge funds from around the world are involved.
However, the problem on the ground is in the US, as you know. The defaulters are in the US, the repossesions will be in the US, and the hardship will be with the folk who can't afford to pay their mortgages, also in the US. The investors, both internal and external to the US, will attempt to extract as much of their investment as they can.

This has been waiting to happen since June.
You are so right that one month's blip doesn't change the curve on the graph....if we've been seeing the true position of the curve, to which this 'blip' is a pointer. And this is what we wait for now: the extent of the correction, and to see how much our estimations were 'out'.
Fingers crossed, as I said: it's my money too.

[j0kerr.livejournal.com]

I wish you the best then. I do think the upward trend will continue even if there is a dip. Which is good for you too.

[johnny9fingers.livejournal.com]

Thank you.