Post anything that doesn't belong in any other forum, including gaming and topics unrelated to motorsport. Site specific discussions should go in the site feedback forum.
Heard the latest joke?
There was talk about them creating a platinum coin and someone saying "this coin is worth 1000 billion dollars"
Something like 7000 people have signed the petition for it but ultimately the white house said no.
Wonderful world we live in where you can take an object and decide it´s value based on absolutely nothing.
"Il Phenomeno" - The one they fear the most!
"2% of the world's population own 50% of the world's wealth."
Iceland was the testing facility for the upcoming crime.
Greenspan and the boys knew exactly what consequences they were facing when they pushed the Government to de-regulate the market.
Now if there had been a law saying that if you gamble and lose with someone else´s money you must pay it back from your own pocket there would never have been a crash in the first place.
"Il Phenomeno" - The one they fear the most!
"2% of the world's population own 50% of the world's wealth."
Greenspan pushed interest rates unbelievably low in the early noughties (to boost against prevailing Iraq related gloom )
this started the asset speculation aka boom
he then drastically raised interest rates (2004-5 ?)
this was then already a nail in the coffin of the boom
then he retired, and Bernanke came in and drastically raised rates again (to boost his image)
that's what started the crash