By: johny.squash
26/09/2008
11:28 pm Yahoo! Profile:
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a few people have told me the media have made the crisis worse than it really is and it will soon blow over. one of them a former econonmy analyst
I'm in between and not really sure
what do you think |
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By: mark.dobson@xtra.co.nz
30/09/2008
5:58 am Yahoo! Profile:
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Hey this financial crisis is a reality!!! The unfortunate thing is that like all crises the good get dragged down by the bad. In this case we need to be prepared to tighten the old belt and batten down the hatches cause she's gonna be a bumpy ride for at least the next 12 months. Little old NZ all the way down under is caught up cause our banks are all linked into the global banking system and it is this sysytem that is and will continue to come under pressure.
The media often do make things worse than they relly are with the angel they take on a story. IN this case the damage has already been done by greedy institutions and now the rest will have to ride out the s!#* storm. |
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By: nathanandchieko@xtra.co.nz
30/09/2008
6:54 am Yahoo! Profile:
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| hi john, i wouldnt trust an economy analysts they don't have a clue whats going on, whats going to be next and what the real effects will be. they all contridict each other. all the subprime mortgages will disclosed within the next 12-18 months, currently no one really knows how many of them are out there. im guessing for at least the next 12-18 months she will be a bumpy ride for the world economy, i like to be optimistic and think after that things will start to come right. hopefully in years to come we will forget about this crisis and it wont be a big deal, but right now i think its pretty huge. |
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By: kings_guards
30/09/2008
12:05 pm Yahoo! Profile:
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THis financial crisis is real... very real... but HELEN and Michael have saved us from it...AS MUCH AS CAN BE EXPECTED..
SO...thank you Helen and Michael and Winstone and the rest of the parliamentarians who have supported this government... thank you...thank you...thank you...
This is the type of chrisis we would have worn the full brunt of if JOHN KEY'S policies and philosophies had been in place...as in government...
this financial chrisis is as a direct result of corporate greed and recklessness with other peoples money...of the John Key type... the 'free market' type... as in the winner take all... the loser goes down the tubes... unless you happen to be the USA... i.e. John Keys mates...his team... of financial barons...
where the 'looser'...after having robbed investors blind... get the tax payers to bail them out... and have to rely on the good old enemy...CHINA... to bail them out also...!!!
what a scream...!!!!
This is the ultimate end result of NATIONAL'S capitalist policies... the ultimate result of the vision of the BUSINESS ROUND TABLE...
the beast is totally bled... the greedy are totally fed... and have fled the dying beast...
So who is left to stop the rotting carcas from smothering those who were robbed... none other than...those who were robbed of course...!!!
SO LET US HEAR MORE OF JOHN KEY'S WISDOM OVER THE NEXT FEW WEEKS...MORE OF JOHN KEY'S BIG BORROWING IDEAS...MORE OF JOHN KEY'S IDEA TO SELL KIWI BANK... AND THE RAIL... AND ANYTHING ELSE HE HOLDS SHARES IN...AND THEN LET US VOTE ...
HELLOOOOOOOOOO!!!!!!!!!!! !!!! look who wants to be let loose in the lolly shop...
...and who gets to lick the lollipop...???!!!! |
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By: kings_guards
30/09/2008
12:31 pm Yahoo! Profile:
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johny squash.. regardless of what people say... best way to analyse this for yourself is to close your ears...and not listen to the commentary... use your eyes and just watch the scoreboard...
USA requires a trillion dollar bail out... that is real...
Wall street has just taken the biggest daily plunge in it's history... that is real...(while NZSX took a 5% blip!!)
several major financial institutions have collapsed... that is real...
something has gone horribly wrong...
key players are down all over the field...
they have called for the ambulance... but it hasnt turned up... it has run out of bandages... and gas...
these are unprecedented events... and an uprecedented scoreline at the beginning of the game...
Therefore... no one knows what the final score shall be...
but we can all see where the score is at right now... and I think we can all see that this game ain't about to turn around...
there is a great big cliff at the end of the field where the ball is heading...
there is no ambulance at the bottom of this cliff...
there is no antidote...
there is no oxygen...
there is no blood...
there is only the smell of burning rubber... from the mercedes that are fleeing the car park of the members stands...
the scoreboard is flashing... A NEW WORLD RECORD IS ABOUT TO BE SET....!!!!
BUT THANKFULLY...we did not play in that game... why... because HELEN TOLD US NOT TO....
Thank you Helen and Micheal... again... thank you...thank you... thank you... that we are not going to be a part of that record...
JOHN KEYYY WHOOOOO?????!!!!!!
BYE BYE JOHN......... |
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By: avi8or8
30/09/2008
5:18 pm Yahoo! Profile:
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| Time to get off the dope kings guard. |
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By: bwmotors@xtra.co.nz
6/10/2008
1:35 pm Yahoo! Profile:
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| Lolly pop?... I think you've been sucking Helens lolly pop there champ! She's been the one that's been in the skippers chair for the last 9 years! |
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By: dazal@xtra.co.nz
9/10/2008
12:09 pm Yahoo! Profile:
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doesnt look like the labour govt has done much better.I see Michael Cullen has really let this country down with some of his decisions,one the decision to increase interest rates when the dollar was strong and again dropping the interest rate once uncertainty hit.
With the debarcle of Helen and Mr Peters how can you say the labour party has done a great job on things.I see the dollar was only worth .58 to the Us today after been 0.82 three months ago.What happened to the excess of tax payers money in the last six months, from 2bn to a deficit. |
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By: drum.bass@xtra.co.nz
6/11/2008
9:43 am Yahoo! Profile:
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Ok so Kings Guard is obviously on a Crusade here, this debate really isn't about government, it's about business, lending and capital.
The Reality is that the Crisis in a global sense is very real. We are lucky in NZ though that so much of our industry works well in a recessionary environment (exporters etc).
We are also lucky too that our banks are strong and we don't have too much capital remaining invested in Sub-Prime financial assets. In retrospect, and I know this sounds a little harsh, the collapse of the Finance companies in New Zealand is probably going to work in the NZ economies favour. We are too small to deviate too much from the traditional financial models. We see house prices are still holding pretty well considering, although a good description of the market would be cautious (despite Gareth Morgans rantings).
The simple answer is to do what you can. If you are trying to move in the real estate market - buy and sell in the same market and you shouldn't be too affected. The banks are still lending, and will be at competitive rates.
We are lucky to live in NZ, as it's a small, financially pretty sound, Insular country.
One thing that should concern us a little is the rise in Unemployment over September. |
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By: profwmandrews1
13/11/2008
3:48 am Yahoo! Profile:
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| There is a better way to produce a Financial system that can produce a sound Business for all countries and all people. Instead of massive greed that drives our economies to these types of conditions every ten years. The only bennifit from the current system is a few mega rich people that hordes the money and leaves us all with uncertain times and a failing Health care system's and institutions.( Un-Healthy stressing times for all ) |
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By: brad.stansell@xtra.co.nz
4 days ago (Tuesday, 8:39 am) Yahoo! Profile:
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| I do understand that there is a very serious financial crisis going on, but I do also feel that if it wasnt reported on so heavily in the media, that people might not freak out about it as much, and they would continue spending there money as normal? |
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By: madaxe01
Yesterday (12:36 pm) Yahoo! Profile:
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| good grief people are SO gullible..like oil prices the biggest American con Job Ive ever seen, millions jumped an panicked an sold stock an shares by fear....nothing happened ...other than you lost your stock an the millions an millions of lost interest by premature ejectulation...the b..tards |
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