The price of $2 per share that JPMorgan Chase is paying for Bear Stearns indicates the U.S. is headed for another depression.
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14%9 Votes
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15%10 Votes
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28%18 Votes
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12%8 Votes
Strongly Agree
14%9 Votes
Strongly Disagree
15%10 Votes
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28%18 Votes
Undecided
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12%8 Votes
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Yes. That and Northern Rock. US and other world economies are headed downwards. The Euro is doing well cos peeps are not investing in the US Dollar. They aren't investing in Sterling either :-(
Yes. That and Northern Rock. US and other world economies are headed downwards. The Euro is doing well cos peeps are not investing in the US Dollar. They aren't investing in Sterling either :-(
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[2 points] 4 years ago by deleted user ReplyJust like Monopoly - the rich get richer and the poor get poorer. Bring back Uncle Pennybags!
What it really does is tell us the value of Bear Stearns. A classic example of unnatural selection.
Whoo-boy! Almost a year ago I called it!! Look where we are today!