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Old 09-30-2008, 12:17 PM   #12
lucrum
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Join Date: Sep 2008
Location: Norway
Posts: 209
Default Re: Bailout bill rush related to Fulford warnings?

This morning norwegian stockmarket went down good, but it's on the rise now because the expected plunge of asian markets didn't occur. Norwegian citizens get a load of different information served at once. We have one side telling us we'll all be fine, that the bailout will be passed through, that the financial system will be saved and all is well.

On the other side, we have economic experts, saying we're in for a ride...in very very subtle words. They dare not say the words "bankrupt", "failed", "catastrophy" or anything else in that direction. They just tell us in hints that we should be careful.

I have no idea what impact this crisis may have on our economy, but the ripples are felt already, and we have layoffs in certain branches already to save capital. Banks are also preparing for what may come soon, and it's not seen unlikely we'll have failures going here soon as well.
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