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Author Topic: Washington Mutual Got Saved - Chase Bought It  (Read 268 times)
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aliirooni
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« on: September 26, 2008, 01:46:39 AM »

Washington Mutual was near bankrupcy this week after talks with Citibank failed. I had some insider information and that said that the bank could go down if it was not saved by another bank. But the $700 billion bail out helped  JPMorgan Chase to buy the assests of Wamu for 1.9 billion dollars.

http://news.yahoo.com/s/nm/20080926/ts_nm/us_washingtonmutual_jpmorgan_news
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ali_europe
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« Reply #1 on: September 26, 2008, 11:05:17 AM »

times of USA of being the center of capitalism is over....no matter if they invest 700 or 1000 Billions..they can't stop the fall of US ecconomy.....for any investment, USA just will have more debts... US foreign debts already is few trillion dollars........ US ecconomy will lose its dominance and power...

Americans can't any more have two cars in their garage and live with credits of rest of world!!! in coming years huge changes will happen, USA will be forced to do lot of
cuts in education, healthcare and in soon future even in defence sector and soon or later they can't any more keep their position as a superpower  and would even be forced to put cuts there...which will more and more lead to weaken US dominance in thrird world..and we all know if Americans would be forced to take their troops back home from Middle east and Asia, lot of puppet governments would disapear, that's why now all these sheicks and generals are so scared......and once the puppet government would disapear the third world money wouldn't flew so easiely to US ecconomy.... in South America the periode of new indepent governments already started, and in few years we will see similar changes in ASIA and AFRICA... at same time new powers like China, Russia and even IRAN will end  American dominance in their region......

so those who live in America should prepare themselves for a long periode of saving and taff times

I remember few years ago having discussion like this in different iranian forums and lot of those L.A. Iranians were laughing at me and said I would not understand the ecconomy....well, coming years will show who can laugh .....

but my advise to all hamvatans who are ready to listen to facts is simple:

US ecconomy will never get back to the world leading ecconomy..... so if you have savings start to think about strategies before is late!

I would give those IRANIANS in USA and UK  the following advise, they can listen or laugh at me, till it would once again be proven, that I was correct with my predictions!


A) if you have bigger savings, invest more in IRANIAN ecconomy, it might in short therm not deliver huge wins, but in long therm investments in IRAN have a great potentials(and you make money and support your own country)

B) if you don't have much savings, but work in finance sector... be carefull in USA, UK and even some other ecconomies which are strongly dependent on USA like Canada or Ireland, soon lot of people in finance sector might lose their jobs.... if you are smart and have good connection to IRAN, now is a good time to open your own import/export business and do trade with IRAN or Asia....(instead of waiting to be fired)

C)if you have some proberties in USA or UK and think about selling, don't wait too long, cuz the prices will keep falling lot more in coming 2-3 years

D)if you think about buying a house in USA, CANADA or UK, don't rush with buying and wait some 2-3 years, you would get the same house for some 30-40% cheaper

E)if you want to do any larger investments, be very careful and make a good risk analyzing before any big investment:

highest risk: USA

also quite high risks in countries with too close connections to US ecconomy:  UK, CANADA, and maybe even IRELAND

smaller risk, but probally a slowing down of ecconomy also possible: NATO members

neutral risks: neutral european countries like Austria, Norway, Switzerland, Luxemburg,etc

good potentials for investment: IRAN, China, India, etc

as IRANIAN, investing in IRAN would be the smartest, cuz IRAN has huge potentials in long therm and weakening of USA, will make IRAN's influence in the region stronger and stronger...and since you know the language and culture, it would be easier to you to develop trade connections to IRAN than foreign investors(and you would help improving   the  ecconomy and democratization of your own country)



   



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aliirooni
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« Reply #2 on: September 27, 2008, 04:58:20 AM »

their CEO is walking out with 13 million dollars in severances package and bonuses...this country is beautifuled its all about the riches just give it a decade or so
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