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The Global Economic Crisis...

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The Global Economic Crisis...

Unread postAuthor: jackssmirkingrevenge » Wed Oct 08, 2008 11:06 am

As I have so many spudbux invested in this forum, a question for PCGUY - is there some way I can turn my savings into tangible assets before I see them devalued when the credit crunch inevitably catches up with spudfiles.com?
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Unread postAuthor: Ragnarok » Wed Oct 08, 2008 11:15 am

Don't worry, spudbux have a fixed value against all international currencies, of zero.

Fortunately, to simplify matters, there is no commission, and no exchanges will deal in spudbux, as they are not accepted as legal tender in any country.

However, we do need a decent symbol for spudbux.
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Unread postAuthor: ALIHISGREAT » Wed Oct 08, 2008 11:38 am

shouldn't joke about the global economic crisis, my friends Dad worked for the icelandic bank that just went bust.... not too funny.
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Unread postAuthor: Ragnarok » Wed Oct 08, 2008 12:12 pm

ALIHISGREAT wrote:shouldn't joke about the global economic crisis.

I recognise that it's very bad for some people, but equally, in times of turmoil, people need humour to keep things light hearted.
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Unread postAuthor: Blitz » Wed Oct 08, 2008 12:23 pm

Ragnarok wrote:
ALIHISGREAT wrote:shouldn't joke about the global economic crisis.

I recognise that it's very bad for some people, but equally, in times of turmoil, people need humour to keep things light hearted.


Couldn't be more true. Poeple have different coping methods; humor's my favorite. :)
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Unread postAuthor: potatoflinger » Wed Oct 08, 2008 2:19 pm

There is definitely a bright side to the economic situation, if you're in the market for a vehicle now is the time to buy one, people are realizing that they can't make their payments and have to sell fairly new vehicles.

Too bad I can't buy a truck with spudbux...
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Unread postAuthor: jackssmirkingrevenge » Wed Oct 08, 2008 2:23 pm

potatoflinger wrote:There is definitely a bright side to the economic situation, if you're in the market for a vehicle now is the time to buy one.


The matt black spary paint on the silver lining of this cloud of course is that spiralling fuel prices make your new purchase increasingly expensive to run :roll:
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Unread postAuthor: Blitz » Wed Oct 08, 2008 2:49 pm

I could care less. I wouldn't give my truck up if the price of gas doubled today. It also helps that my morning commute went from 30 to 3 miles. :D
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Unread postAuthor: jrrdw » Wed Oct 08, 2008 3:01 pm

So what soup line should we go stand in when the stuff hits the fan for real? Iceland was 1st, what country is next? Them ignorant bastards who just went to the spa on my dime should be hung by the neck till dead! I guess someone will get the pirate vote, 192million in tax breaks to a foreign rum company, pisses me off! :x :x :x :x
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Unread postAuthor: jackssmirkingrevenge » Wed Oct 08, 2008 3:07 pm

jrrdw wrote:Iceland was 1st, what country is next? Them ignorant bastards who just went to the spa on my dime should be hung by the neck till dead!


I think you'll find that it's unfortunately the US that's on the front lines of this issue :?
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Unread postAuthor: Blitz » Wed Oct 08, 2008 3:16 pm

jrrdw wrote:So what soup line should we go stand in when the stuff hits the fan for real? Iceland was 1st, what country is next? Them ignorant bastards who just went to the spa on my dime should be hung by the neck till dead! I guess someone will get the pirate vote, 192million in tax breaks to a foreign rum company, pisses me off! :x :x :x :x


It's hard to say. This upcoming election is going to be very... interesting, however.
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Unread postAuthor: Ragnarok » Wed Oct 08, 2008 3:17 pm

jackssmirkingrevenge wrote:I think you'll find that it's unfortunately the US that's on the front lines of this issue :?

Yup, all of those mortgages... :(
That's the catalyst here.

The world is not in a good way, failing economically, rising prices for just about anything. Hopefully it will straighten out, but we don't know.
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Unread postAuthor: Blitz » Wed Oct 08, 2008 3:22 pm

Ragnarok wrote:
jackssmirkingrevenge wrote:I think you'll find that it's unfortunately the US that's on the front lines of this issue :?

Yup, all of those mortgages... :(
That's the catalyst here.

The world is not in a good way, failing economically, rising prices for just about anything. Hopefully it will straighten out, but we don't know.


I don't think it'll ever straighten out. The prices Americans grew complacent with is now a thing of the past. Will prices continue to rise forever, at a rate we cannot keep up with? I don't think so -- even the price of gas around here has leveled off around 3.80 a gallon for the last few months.
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Unread postAuthor: potatoflinger » Wed Oct 08, 2008 3:34 pm

jackssmirkingrevenge wrote:
potatoflinger wrote:There is definitely a bright side to the economic situation, if you're in the market for a vehicle now is the time to buy one.


The matt black spary paint on the silver lining of this cloud of course is that spiralling fuel prices make your new purchase increasingly expensive to run :roll:

But who cares? It looks and sounds awesome :D
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Unread postAuthor: Ragnarok » Wed Oct 08, 2008 4:05 pm

Blitz wrote:the price of gas around here has leveled off around 3.80 a gallon for the last few months.

Lucky sod. The average UK price is about $6.87 per US gallon.
For one of our proper Imperial gallons, it's $8.23. (Our gallon is 20% bigger)
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