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Stock market crisis?

Jarlaxle 56

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I would buy 75 million dollars worth of pennies, then destroy them for being such useless currency. Then, I would live confortably with the other 10 million knowing I'll never have to piss with another penny as long as I live.

but i like pennies...i keep them in my purse so that if someone trys to rob me, i can knock them in the head with my bag...can't afford mace or a gun...

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Just try to make sure your town doesn't try to you know, wangle it's way around this crunch/recession by making it's own currency (it'll soon be headed towards 20,000,000 ugandan dollars-like probably).



Ah silly southern england wurzels, that's not the way to do it.

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I admit I'm kind of confused, I know this hurts all of their investments? But how bad is this exactly?

Speaking of Fannie Mae and Freddie Mac, Stockton, California starkly illustrates what is wrong with the American economy.

Sept. 12 (Bloomberg) -- U.S. foreclosure filings rose to a record in August as falling home prices made it harder to sell or refinance homes to pay off the mortgage, RealtyTrac Inc. said.

Owners of 303,879 properties, or one in 416 U.S. households, got a default notice, were warned of a pending auction or foreclosed on last month. That was the most since reporting began in January 2005. Filings increased 27 percent from a year earlier, about half the annual pace of previous months, because of high default totals in August 2007, the Irvine, California- based seller of foreclosure data said in a statement today.


California had eight of the 10 metropolitan areas with the highest foreclosure rates, led by Stockton at one in 50 households.


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