Jul 07 2008

This can’t be good

Published by The Fake Engineer at 8:58 pm under Stocks

In this video, I want you to fast forward to 2:26 and hear the guy say…

I think it’s time to hide the valuables under the mattress and buy a shotgun.

Hat tip: Big Picture

2 responses so far

2 Responses to “This can’t be good”

  1. # eefqeon 08 Jul 2008 at 5:04 pm

    maybe washington mutual will go down, but they’ll be bought out by another bank. b of a will never go down, the fed wont let it happen. enough with the apocalyptic talk, you’re not going to lose your money.

  2. # The Fake Engineeron 08 Jul 2008 at 9:31 pm

    I won’t lose my money because my checking account balance has been close to $0 for the last 12 months.

    Indymac bank, for all intensive purposes, went bust yesterday.

    Regarding b of a, countrywide will destroy b of a. If not a single depositor loses a penny, it will be because of a taxpayer funded bailout. We live in a socialist country.

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