[DeepSpace9er]

Meh... creative destruction. The weak will die off to make room for the strong. I dont understand this paranoia to maintain the status quo forever. Companies WILL die, people WILL lose money, governments will come and go.. just let things run their course without these futile attempts to stop the ever coming change.

[KewlToyZ]

Yayy, lets cull the herd....
See the problem with that is, it's 10 times easier to destroy and take than it is to create something beneficial.
So your saying the worst lowest denominator personality traits in a human being are the ones that deserve to survive.
Anarchy can win easily out of sheer ignorance and little effort.
Its easier to kill than debate.

[Kosh]

Normally, I'd agree, I've seen a few crashes over the years, and my usual response has been no response, as the adverts always say, share prices can go down as well as up, it's a fact that a lot of Stockbrokers seem to think only applies to their customers, they never expect it to happen to them personally.

Is this one different? Difficult to say, in some ways, there have been worse smacks in the face for the stock market, but this one seems to have taken out a fair number of large businesses. This may be because those industries were teetering on the edge anyway, there's been a lack of transparency in some of them for quite a while, and recent events give some hints as to why, but I do know that the only hope we have for stabilising the system is to hang on in there, I just hope that the financial sector, knowing this, don't try to take advantage of it, or they could actually tip the balance through pure greed.

It's different for a number of reasons, one of them being the creative accounting tricks that our banks now employ. The other being that our economy has never been this over leveraged, at least not since the 20's, I'm not sure if it exceeds that level since I don't have exact figures in front of me at the moment.

[KewlToyZ]

Peoples financial savings by comparison are marginally comparable to those during the great depression which has been going on for some time. That lack of distribution leaves the economy solely up to the corporations rather than the people. Since most are taking the jobs and revenue outsie of the country it leaves a huge export of the National Revenue completely out of our hands and nothing more than victims.