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Today, 9/29/08, for the first time in the DOW's history it got slammed by 777 points!!!
This never happened ever before!
How do you think this will impact the world?
This never happened ever before!
How do you think this will impact the world?
4 posters
US Economy
Ahmed- NH Admin
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Doc- NH Member
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The Nasdaq plummeted 500 points in just 10 freakin minutes!!11!!! its the end of teh world1!!!1! 
Ahmed- NH Admin
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That's not possible Sayf...
Hassan- NH Retired Moderator
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Hey, they are back up significantly now. The impact is just that prices go up, uncertainity prevails, and McCain gets hurt (Republican president: bad economy , assumption).
Joe- NH Member
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Ahmed- NH Admin
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The US is close to being in 6 trillion dollars...guess how they will repay that? *coughtaxescough*
Joe- NH Member
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We are only 6 trillion in debt 10 trillion not including taxes and such
Ahmed- NH Admin
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Oh!! I wonder how the US will pay that debt *cough invade Iran cough* 
Hassan- NH Retired Moderator
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Invading Iran, or any other country to speak, would just add to the burden. They just need to take over the remaining oil.
Ahmed- NH Admin
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Thats the point...Iran has lots of oil...
I heard Saudia Arabia has lots of oil...lets show American patrionism and lets go inavde those Arabs!!!
I heard Saudia Arabia has lots of oil...lets show American patrionism and lets go inavde those Arabs!!!
Hassan- NH Retired Moderator
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U.S would never attack Saudia Arabia. If they have any sense left in them, that is. And what's the point, they can easily make a deal with the House of Saud.
Ahmed- NH Admin
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Oh yes, I forgot that Kuwait and the gulf are American States now! Silly me 
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