A Thesis on the Cause of the Great Stock Market Crash of 2008
1. Major events can be caused by surprisingly unrelated minor forces, apparently distant from any particular event. (butterfly effect)
2. The world economy is highly integrated across all productive zones.
3. Surfboard production has recently expanded into new materials, including flexible designs.
4. Firewire and fibreflex boards have created a new domain of surfing potential, outside of normal surboard production and consumption parameters.
5. This potential has tilted the surfing production world towards unknown variables, creating an instability in the planning and administration of surf industry markets.
6. This introduction of unknown variables spread into leisure product industries in general, undermining planning for the near future.
7. Leisure industry investment fell in early 2007 on the back of this insecurity about future sales.
8. Once established, the doubt about future sales and production undermined security in mortgages and other production across the world economy.
9. Banks and lending institutions panicked and began calling in bad debts worldwide, leading to rapid falls in the stock market and general mayhem.
10. Therefore, Firewire and Fibreflex boards are responsible for the worldwide recession; they should be banned, bent out of shape, and burned.
THE GREAT CRASH EXPLAINED IN SIMPLE TERMS
Moderators: jimmy, collnarra, PeepeelaPew, Butts, beach_defender, Shari, Forum Moderators
http://en.wikipedia.org/wiki/Butterfly_effectTrevG wrote:Quickly now, Al, explain "the butterfly effect" in no more than two sentences. (and words of one syllable so us Realsurfers can follow it).
That'll do: the first paragraph from every-cretin's encyclopaedia.
I know that Al. I didn't want you to cheat.AlbyAl wrote:http://en.wikipedia.org/wiki/Butterfly_effectTrevG wrote:Quickly now, Al, explain "the butterfly effect" in no more than two sentences. (and words of one syllable so us Realsurfers can follow it).
That'll do: the first paragraph from every-cretin's encyclopaedia.
Right on Toby 
When you have a freight train hurtling down the track at high speed, all you need is a couple of nuts to come off a wheel and you are farked big time.TrevG wrote:Quickly now, Al, explain "the butterfly effect" in no more than two sentences. (and words of one syllable so us Realsurfers can follow it).
Thats how small things can affect big things massively.
Investment Advice
If you had purchased $1000.00 of Centro Properties shares one year ago,
they would now be worth $12.53.
With Allco, you would have had $23.68 left of the original $1000.00.
With Babcock & Brown, you would have had less than $28.50 left.
If you had purchased $1000 of MFS Limited stock you would have nothing
left.
But, if you had purchased $1,000.00 worth of beer one year ago, drank
all the beer, then turned in the cans/bottles for the recycling REFUND,
you would have had $48.00.
Based on the above, the best current investment advice is to move to
South Australia, drink heavily and recycle.[size=18][/size][b][size=18][/size][/b]
If you had purchased $1000.00 of Centro Properties shares one year ago,
they would now be worth $12.53.
With Allco, you would have had $23.68 left of the original $1000.00.
With Babcock & Brown, you would have had less than $28.50 left.
If you had purchased $1000 of MFS Limited stock you would have nothing
left.
But, if you had purchased $1,000.00 worth of beer one year ago, drank
all the beer, then turned in the cans/bottles for the recycling REFUND,
you would have had $48.00.
Based on the above, the best current investment advice is to move to
South Australia, drink heavily and recycle.[size=18][/size][b][size=18][/size][/b]
so what you're trying to say is that cause someone on the other side of the world drank some beer and recycled the cans/bottles that Australia and the rest of the world are in a global crisis?
sounds like you know something you're not telling us?
who is this global crisis beer drinker?
I'm sure there's a lot of people on here who would like to get even!
sounds like you know something you're not telling us?
who is this global crisis beer drinker?
I'm sure there's a lot of people on here who would like to get even!
I think its greed rather than stupidity and unfortunately it is a disease of all humanity. The Americans just refined it.papa wrote:In simple terms:
Stupid Americans
However, I do remember seeing the comment somewhere once (maybe on here), "I'm not saying Amreicans are stupid but maybe we should just take the warning labels off all the products and let natural selection take its course"
Who is online
Users browsing this forum: Bing [Bot], Google [Bot] and 167 guests