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Q.

Major crash coming soon, as many more us companies waiting to file losses and there is nothing barack obama can do to stop them.

About: Company: Reliance Petroleum Ltd.

Asked by joysm, 08 Nov '08 05:31 am
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Answers (7)

1.

Obama will prove to be Lal Bahdur for USA.
But are Americans really happy to see a non-white person sitting at the top post of the country?
If yes why stock market has gone sharply down after the victory of Obama?
If the fall is due to critical financial position he inherited from Mr. Bush, will the situation not further deteriorate because now neither Mr. Bush nor Mr. Obama will take serious action to cure the financial cancer killing US and the entire world fastly?
If financial position of USA goes beyond control, can our country remain decoupled from US for long?
Dont you feel that our FM and PM have also failed to stop liquidity crisis in banks?
If yes what will be the fate of public money, particularly small investors who have kept money in the banks?
In the age of reformation, FM is advising banks
for rate cut,
for more and more lending at lower and lower rate specially when banks are offering higher and higher rates on deposits to cope with liquidity crisis they are ...more
Answered by Danendra Jain, 08 Nov '08 06:00 am

 
  
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2.

We have to wait and see teh results of plans of obama and keep fingers crossed
Answered by Dinesh C S, 28 Jul '09 10:36 am

 
  
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3.

Now many people is join in this business in the world , u can get very rich when you start now. ==>
http://www.freedom.ws/sthr123 ==> http://www.website.ws/sthr123
Answered by cjftn, 08 Nov '08 09:53 am

 
  
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4.

I agree with JOYSM ...things are not going to be rosy any day soon....lets face it , its now gwtting clear that Inflation and recession has set in across the globe..China & India are also getting badly beaten by it....our PM - FM -JM and KM can say whatever to lower the negative sentiments but the impendind slip down in US and Europe will bring in further gloom in the days ahead.
Answered by jagdish raju, 08 Nov '08 09:23 am

 
  
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5.

Why are you thinking crashes in US. Don't we (Indians') have a leg to stand ? Better look upon you. Now that India and China are emerging leaders, the US economic siuation will not affect much. I am for sure those pople who are looking for sensex to go below 6000 or 5000 will be disappointed soon
Answered by Raghesh Mony, 08 Nov '08 08:09 am

 
  
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6.

Please, for gods sake, stop spreading rumours
Answered by iqbal seth, 08 Nov '08 07:24 am

 
  
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7.

Well, at worst case senario, a global meltdown, if happends, taht means china has to come down too,,, then all u need is inter govt bailouts, IMF loan waivers, cut down on most LUXURY realted things for 10 years, all public taxes to go down by half, recession is must, finally, NEW currency values, which are unpredictable now... :|
Answered by conviction, 08 Nov '08 05:35 am

 
  
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It might go up.. but the overall senario for this company is gloomy,, better keep off!! :D..more

Answered by conviction