the LeMetropole Cafe Forums!

LeMenu / the LeMetropole Cafe Forums! / Financial Markets / Hurricane Irene will shut down markets and give us a "bank holiday"?
back to LeMenu
login
search

   Reply to Discussion | New Discussion | Subscribe << previous || next >> 
Posted By Discussion Topic: Hurricane Irene will shut down markets and give us a "bank holiday"?

 subscribe to  this topic Printer-friendly Version  send this discussion to a friend  new posts last

trevbus
08-27-2011 @ 6:06 PM                          
reply
profile
send p.m.
Member
Posts:
Joined: Jul 2007
          
Conveniently stock markets and major banks may close due
to Hurricane Irene, just as the Powers That Be are about
to run out of options to stave off the financial crisis.

A shutdown could mean US bank accounts may be frozen and
traders may be trapped in bad trades.

This could be Ranting Andy and Bill H's predicted "bank
holiday".

siliwisid
08-28-2011 @ 2:56 PM                          
reply
profile
send p.m.
Member
Posts:
Joined: Aug 2011
          
I agree.  And since Europe is very much dependent on the US PPT to keep it "propped up" (or at least feeds off any rise in the US equity markets caused by the US PPT), the European debt crisis could very well deepen tomorrow (Monday 8/29).



the LeMetropole Cafe Forums! Home | Back to LeMetropolecafe Cafe Forums | Contact the Webmaster

Copyright © 2007 - 2009 LeMetropolecafe.com
Powered by < CF FORUM > v.2.1