Stock market crashing right now???

[LED ZEPPELIN]

Ehhhh just got the word from my country's tv news it says petrobras which is the oil comapany for my country got actions down to 9.3 on the stock, much lower than in 2008.

nikkei is also going down very quickly too. nasdaq as well.


i dont know whats going on right now buts its a global pattern.

 

[Wolfus]

Petrobras, huh? That's my country's company. No wonder why it's going through problems, being managed by the brazilian governemtn is to be destined to failure.

 

[LED ZEPPELIN]

Petrobras, huh? That's my country's company. No wonder why it's going through problems, being managed by the brazilian governemtn is to be destined to failure.

its not managed by the government since it was sold to petrochina.

guess you're one of those who expects more infrastructure with less taxes huh

 

[BlacLord™]

Haha, it's no way near a crash.

It's just a bad period and you can't judge the whole market from one issuer.

 

[Sir Blades]

I dont see how this is relevant.

 

[Xēnovia.]

I dont see how this is relevant.

Damn it Blade, such a buzz kill I swear. Lmao​

 

[Wolfus]

its not managed by the government since it was sold to petrochina.

guess you're one of those who expects more infrastructure with less taxes huh

I didn't hear that. Last time I checked, brazilain government was in charge.

And no, I don't expect that. However, brazil is the country in which we pay the highest taxes and have the lowest returns/investiments.

 

[Aim64C]

Interesting...

Well - to be honest, it is inevitable at some point:

[video=youtube;Fdfq-sDgFU8]http://www.youtube.com/watch?v=Fdfq-sDgFU8[/video]

My only gripe is that my "Apocalypse Buddy" is currently on the other side of the Atlantic... and that poses a problem.

 

[Aze]

Has it something to do with the decrease of dollar value?

 

[Olorin]

Emerging market scare, the currencies took quite a hit ... A scare happens quite often -.-'

And it's a very small drop considering the recent gains

 

[LED ZEPPELIN]

Has it something to do with the decrease of dollar value?

a bit, but mostly no since this is a corporate problem. governments cant do much about it.

 

[Olorin]

a bit, but mostly no since this is a corporate problem. governments cant do much about it.

Actually they can

 

[alicexgil]

His looks familiar.