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Don't Panic! FTSE & HSBC in freefall as HSBC admits 'loss'...

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Uploaded by on Mar 2, 2009

Mar 2, 2009

Yes - Proof that the lunatics HAVE taken over the Asylum!

****** Update *********
AIG reports record $61.7bn loss:
http://news.bbc.co.uk/1/hi/business/7918643.stm

Read and understand the last line of the article...

Oh yeah - I forgot to mention; last quarter's GDP number has been revised to an annual rate of -6.2% (not the -3.8 previously reported)

US economy suffers sharp nosedive:
http://news.bbc.co.uk/1/hi/business/7915040.stm
***********************


Now for something completely different... John Cleese and Jumping Jack on our notes:
http://www.independent.co.uk/news/business/analysis-and-features/now-for-some...

To politicians, we're little more than meaningless blobs on a monitor. Bring on the summer of rage:
http://www.guardian.co.uk/commentisfree/2009/mar/02/charlie-brooker-politicians

The special relationship is going global
http://www.timesonline.co.uk/tol/comment/columnists/guest_contributors/articl...

Bank of England set to pump cash into economy to avoid deflation:
http://business.timesonline.co.uk/tol/business/economics/article5827946.ece

Financial crisis hits world markets:
http://www.guardian.co.uk/business/2009/mar/02/market-slump-world-recession

HSBC shares fall on record £12.5bn cash call:
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_f...

Pru and Mr Kipling tipped to call for cash:
http://www.guardian.co.uk/business/2009/mar/02/cash-calls-hsbc-prudential

VW stake aids Porsche earnings, debt talks progress:
http://uk.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUKL18455420090302

Warren Buffett warns America of 'onslaught of inflation':
http://business.timesonline.co.uk/tol/business/economics/article5827471.ece

We need shock and awe policies to halt depression:
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/4884975/We-...

Guinea-Bissau president 'killed in clash between rival soldiers':
http://www.guardian.co.uk/world/2009/mar/02/guinea-bissau-president

ASEAN goal: To be like EU:
http://newsinfo.inquirer.net/inquirerheadlines/nation/view/20090301-191647/AS...

Hard-up Kerry Katona hands back the keys to ANOTHER Porsche:
http://www.dailymail.co.uk/tvshowbiz/article-1158249/Hard-Kerry-Katona-hands-...

What to believe in the numbers?
Crash Course: Chapter 16 - Fuzzy Numbers:
http://www.youtube.com/watch?v=zsNgJVD8KgY

Peace

Tags: AIG HSBC "John Cleese" "Global New Deal" "Gordon Brown" "Quantitative Easing" "Financial Crisis" "Economic Collapse"

  • likes, 2 dislikes

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Uploader Comments (FeverIAm)

  • How come it says this video is no longer available?

  • Try again - working fine in Denmark!

  • Cleaner Close Episode Fifty,,,

    Hey Mike, do you use Daz? LOL! sorry..

    Looking forward to your next video.

    Ta,

    L.

  • I wish LOL - whiter than white? No not me; we all have some 'dirt' to worry about! LOL

    Peace

  • has anyone else noticed there is a lot of talk on TV about "riots" and an "uprising" of the people .... kinda makes me feel like the TV brainwash cycle is all about getting us to riot so they can chuck us into a fema camp !!!

  • Getting an idea of how it works? Peace

see all

All Comments (159)

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  • I been watching feveriam channel, he is just amazing, way better than local news and will check teh rest.

    Thanks

  • the answer to your question Rocky may be in Brown`s statement upon meeting with Obama in Oval office and reporters."We may see a total World banking restruct. in the next few months." If someone of Brown`s position is scared shitless, the rest of us should wake up and take notice.

  • Will fall to 5500 will be good then for a while, government will grab more control, third wave will be inflation a half year from now, riots will arise. Totalitarion government will arise. Which kind of society emerges depends on outcome of worldwide revolution. Perhaps Brazil and China might recover soon though. ow gold will be 7 times the MSCI world index.

  • This has nothing to do with ANYthing economically or 'Armaggedon-ly'... I mean, really, NO ONE has a clue.

    Just wanted to say that I happened upon an old post of yours from 1/4 - you're ever so much more mesmerizing these days w/ the longer hair, 'stache & goatee. I know this gig must be aging you quickly, but it looks good on you. :))

  • He gone buying Bacon in bulk , get me a few -P.

    This is funny

    We was running at our fastest ever 700mph , we going so fast now everything just a blare , we lost touch with reality some one pulled the rug out , weve tripped and gone over a cliff , this is us falling , i cant see the bottom

    Gives a whole new meaning to the Word Derailment .

    When we hit the bottom and bounce back up , we going to crash into the rocks .

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