Could the world function without the stock market?

[slow99]

Anyone notice the markets back up like 150pts already?

THE SKY IS FALLING THE SKY IS FALLING!

Uhhh

[YALE]

Exactly. It is all bullshit.

Earnings aren't the only factor in an economy.

[Hobie]

Must have missed that one.

Up? I'm seeing a cliff dive of nearly 200 at this pt.

That was about an hour ago, back down, lulz.

[slow99]

This topic is like wondering if you should cut your nose off when you have a cold. You have to understand what public access to capital means. Positive npv projects are decided upon based on a hurdle rate (cost of capital). God knows where we'd be in terms of economic development without access to cheap capital. As far as some of the whacky derivatives and leveraged bullshit - yes those could go.

[Denny]

This topic is like wondering if you should cut your nose off when you have a cold. You have to understand what public access to capital means. Positive npv projects are decided upon based on a hurdle rate (cost of capital). God knows where we'd be in terms of economic development without access to cheap capital. As far as some of the whacy derivatives and leveraged bullshit - yes those could go.

High five!!!

[Broncojohnny]

As far as some of the whacky derivatives and leveraged bullshit - yes those could go.

How dare you, I love my triple leveraged inverse LIBOR spread ETF....

[Captain Crawfish]

Anyone notice the markets back up like 150pts already?

THE SKY IS FALLING THE SKY IS FALLING!

i lost 10 percent thurs and made everything back friday. thats with only a 160 point rise. 40% YOY growth on the conference call kinda helped a little though...