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Saudi Stock Market First To Plunge On S&P Downgrade [-5.46%]
Telegraph(UK) ^
| August 06, 2011
Posted on 08/06/2011 10:02:19 AM PDT by Steelfish
click here to read article
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To: expatguy
That is a tremendous drop!
21
posted on
08/06/2011 12:51:11 PM PDT
by
stephenjohnbanker
(God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
To: stephenjohnbanker
22
posted on
08/06/2011 1:11:30 PM PDT
by
expatguy
(The Expat Needs Beer Money - Cough Up!)
To: expatguy
I am surprised that the SGD isn’t stronger than it is.
23
posted on
08/06/2011 1:31:08 PM PDT
by
stephenjohnbanker
(God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
To: stephenjohnbanker
Monday.
I noticed this weekend that several of the money changers here in Singapore simply stopped taking US dollars.
Monday is gonna be ugly
24
posted on
08/06/2011 1:46:43 PM PDT
by
expatguy
(The Expat Needs Beer Money - Cough Up!)
To: expatguy
25
posted on
08/06/2011 1:57:37 PM PDT
by
stephenjohnbanker
(God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
To: Sequoyah101
Mainland SE Asia has been pushing the chinee back for centuries. It's all a matter of the cost/benefit analysis.
Did anything that SE Asia had for all those centuries exceed the cost of what it would take for the Chinese to seize and control them, and how much benefit would the Chinese get from it?
If you're talking offshore oil, it is hard for the small countries to defend and easy for China to seize and control, and China needs oil.
26
posted on
08/06/2011 2:35:34 PM PDT
by
seowulf
("If you write a whole line of zeroes, it's still---nothing"...Kira Alexandrovna Argounova)
To: seowulf
I am not suggesting the aggression is trivial or that defense is either simple or likely to be successful, it probably would not be.
I am simply saying that the chinee have been aggressive to SEA for a long time.
27
posted on
08/06/2011 3:29:52 PM PDT
by
Sequoyah101
(Half the people are below average.)
To: expatguy
....some of the money changers here in Singapore now are not even accepting USD at the moment.. Ouch.
To: expatguy
29
posted on
08/07/2011 8:35:25 AM PDT
by
Sequoyah101
(Half the people are below average.)
To: expatguy
Be on the ready. Not every stock is overpriced. If the market falls another 10% I am diving in without looking. The boy king has created an incredible buying opportunity.
30
posted on
08/07/2011 8:40:23 AM PDT
by
eyedigress
((Old storm chaser from the west)?)
To: Sequoyah101; eyedigress
Yep now less than 8 hours to go over here and it is going to be a long day.
Money changers stopped taking dollars over the weekend in several places here.
The USD is going to dive below 1.20 on its way to parity with the SGD.
Hey who is going to chip in and buy the expat some coffee and cigarettes :-)
An American Expat in Southeast Asia
31
posted on
08/07/2011 10:18:50 AM PDT
by
expatguy
(The Expat Needs Beer Money - Cough Up!)
To: expatguy
If you need a Red Cross package from me just freepmail. :^)
(BTW, Moonpies are included)
32
posted on
08/07/2011 10:24:40 AM PDT
by
eyedigress
((Old storm chaser from the west)?)
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