Ehhh this economic crisis still has me biting my nails off. I'm too scared to build my new PC as of right now until all this American bs is over. I think ppl are aware of whats going on, but for those who made good decisions in mortgage and in stocks should not be affected very much, only thing that can make it worse for ppl like this is higher prices on food, gas, etc. I hope this crisis ends. Its like a great depression but in 2008 geeez.

That's funny Giovanni, to compare something like this to such a terrible time in American history. Clearly, you have no idea how bad it was back then.
About our current situation, well it's not going to get any better until someone decides to put and end to this so called "war on terror". Biggest load of BS ever.

haha if the US invested tax money in R&D instead of war on terror we'd already have 10 ghz nehalem processors

Why can't war be settled in gaming? like Crysis?

It's a good description, actually. I think the best way to get people to pay attention to the economy while keeping things in perspective is to describe it as bouncy.
And warm.
And soft.
And perky...

"It's a good description, actually. I think the best way to get people to pay attention to the economy while keeping things in perspective is to describe it as bouncy.
And warm.
And soft.
And perky..."

lol - made my day.

There's nothing wrong with the American economy or Vista.

(I mentioned Vista just to set off the shill bots)

I think the only real similarity the current US economy has to the Great Depression is that both were caused by stupid people taking out loans to buy stuff (or stocks) they couldn't afford and the greedy banks lending to them. Eventually the dust will settle and everyone will realize subprime mortgages are dangerous whether you are borrowing or lending. Then finally all the news networks will resume telling us about how Global Warming is going to kill us all.

Seriously, though. Turn off the TV and go outside and see for yourself. The sky is not falling. The stock market may be, but it does that sometimes.

"haha if the US invested tax money in R&D instead of war on terror we'd already have 10 ghz nehalem processors"
All the Intel processors that Americans bought this year should cover the R&D. That's capitolism, right? Why should our tax dollars fund private corporations?!?!

If that Intel exec is actually whining that the government isn't giving them enough money and tax breaks, I will switch to AMD in a heartbeat. I'm gonna assume he was saying that we could use the war money to develop energy alternatives. But again, who profits from that when it's developed? I pay money through taxes for a company to develop something that they are going to sell to me for profit? Giving huge corporations our tax money and waiving their taxes needs to stop, loans from the government are fine, but no tax breaks and no gifts for "R&D".

Steve for one, actually graduated with an MBA. So i'm sure he'll find a way of turning black, year after year, no matter what happens.

Whats with the slightly unsubtle plug for that Iron Man movie?

OMFG, Steve Ballmer is even more of an idiot than I thought.

Intel's 100,000, yahoo -- so we can give it to those bankrupt mortgage companies and still owe another 100,000 to just come out even!!! Yipee dipeedee doo dar day. Last check, Intel's top execs where bonused around 10-20 million!!

GWB is a tool, worst president ever. He sat back, did NOTHING and watched housing price raise 300% over 5 years while household income only went up 12% over 5 years....hmmmm...do the Math GWB, you retard!

We're only scratching the surface on just how bank the US economy is. It's going to get a LOT worse girls and boys.

Oh yeah, the war on "Terror" cost us 2 Trillion dollars by the end of 2006!! Makes 700 billion bailout seem like nothing...problem is, the Feds don't have the money now, it was all spent on this war on Terror and weapons of mass destruction that never existed!!

Oh, GWB and McCain -- two complete retards. And then we have Sarah Palin -- is she even from this planet?

And finally, have we caught Bin Laden? That would be NO we haven't. Great job GWB.

What was the President supposed to do?
I didn't know you were so privy to the Untied States Budget? I'm sure you have the S.C. since you stated you knew so much.
Next 9-11 day why don't you spend the day watching the History Channel before spouting off on things you have no clue about.
Sarah Palin comes from Alaska. Exactly what do you have against her? Democrats and tabloid reporters sent upward 30+ people to try and find something and they didn't. So you have something new?
On that note what do you have against Senator McCain?
Here's some math for you: If you took the Money you were going to spend on a Mac and decided to use it to buy a PC how many PC's could you get that could do the same thing as a Mac?
The next big question I have for you is: Can you think for yourself or do you always rattle off the most retarded thing you heard someone say recently and then think you are cool for doing so?
At least in Overlord I get to kill the Sheep... this is just torture.

CALM down snuggle wuggle's. I agree on Venom.Rich people snobs like Bush and McCain care about the rich and oil.They share the same ethics.

Obama wants change. Clean out the old snobs and put some real people. We need a modern president in this modern world. Technology is affecting us all. Technology in a way is killing some jobs. We need to make new technology that employee's workers. Obama worked hard. He wasn't some rich spoiled bitch like the others.

ARE YOU JOKING PALIN she is a little whore. Listen to her talk. All she knows is snow and brags about Alaska and her stupid family. Your the idiot that prolly voted for Bush. Just listen to Bush talk. Go on Youtube.com Listen to the reporters bashing on him, he is an idiot. He can't even answer questions right.

V8VENOM = Complete retard.
Clinton Had OBL and passed up the chance for him to be quite literally handed over on a silver platter.
I hate GWB as much as the next guy but you have no right to speak on politics when your source for information is the daily show.

oh boy...i knew a topic talking about the US economy would bring up politics and some...ummmm..... interesting comments.

The U.S. Budget is public information.

How did Palin come up in this conversation? No need to say anything about her. She's doing all of the work for us.

Anonymous needs to look at the voting record between Senator McCain and Senator Obama. I would be more inclined to vote for Senator Obama if he could actually tell us what he believes in other than raising taxes on those making $42,000 and above, increasing the goverment, and begining a National Healthcare Plan based on the Canadians Healthcare System which by the way is turning into a complete and utter failure.
GWB vs V.P. Gore. After 9-11 the choice the Americans made in electing GWB proved to be a wise one. I believe V.P. Gore would of launched a couple of missles at Al-Queda just like President Clinton did when the World Trade Center was first attacked and called it good. We saw how good that went for us the first time for us with President Clinton and a President Gore would of done just the same. So a President Bush was a wiser choice though it didn't seem like it at the time. Then again we didn't have buildings falling down on our heads at the time of election either. A different time it was before 9-11.
President Bush vs Senator Kerry. A President Kerry would of pulled all of our troops out of all areas. He is the most Liberal Democrat in the Senate. We would of loss the war in Iraq and loss the war in Afghanistan and an emboldened Al-Queda would have emerged. President Bush had bad Generals making bad decisions along with a Secretary of Defense who was going along with the ride. President Bush had to clean house and he did. If he had listened to Senator McCain, Senator Liberman, and a few other Senators including some Democrats and Republicans the Iraq war wouldn't of gotten out of hand as bad as it did. Newsweek did a wonderful article on this subject.
We were not left with much of a choice. As bad as President Bush is or was the realistic choice was a fundamentally destroyed America or President Bush. There was no real choice.
So onto the Housing Crisis. I told my friends not to buy a House three years ago as I saw the coming collapse just as much as Senator McCain. Anybody could of seen it coming.
Will the Economy bounce back?
Sure.
How long?
Took us near 12 years to bounce back from the 1978-1979 collapse and this is much, much worse. It's why I am so against this bail out. It's just not going to help the long term and in the end the people who caused this whole mess won't learn a thing. The best bet is to destroy Fannie, Freddie, AIG, and all the others who believed in this crap. Take all those top executives and freeze their pay and accounts and have them pay for the failing of their companies and that includes them wonderful Obama guys and girls who he has working for him and send a clear message that we won't stand for our finacial industry to be the toy things of over paid CEO's and corporate executives.
Yeah, I hate rich snobs too. Time to concentrate on America's foundation which is the Middle Class.

Cuddles, don’t speak on matters which you are ignorant.
Our healthcare is fine (Canada), it has a few problems like waiting to see a doctor but I pay $266 *3 ($798) a year for myself and my son... That is the most a person can pay in Canada, if you have 9 children it still costs you $798 a year for all of them total! If I need a heart transplant I don’t pay more… You would be lucky to get our Health system which I believe is ranked 3rd in the world, unlike the American health system which has got to be close to last. Communist countries have better healthcare then USA.

It does not matter who runs the USA, the outcome is the same… war. The past 100 years USA has been in how many wars? It’s just old, I don’t even consider it news anymore… USA goes to war.. yah yah yah… same ol’. Next week Bush is invading a kindergarten in Canada for some lollypops… AT YOUR EXPENSE!

I feel bad for you guys down there in the USA, and WHEN your economy falls ill feel bad for the earth as we are all screwed.

Well holy crap!
Dow Jones is down 700 points after the US decided not to give them 1 trillion...

Recession is here.

The financial "crisis" as it's been dubbed is not caused by a failure of a free market nor anything specific that George W Bush et.el. may have done...

It's a combination of poor buying habits on the part of people who took out loans they couldn't afford and poor lending habits on the part of the banks who (1) lent them money and then (2) packaged these bad loans into securities and sold them to each other.

Given how poorly these financial institutions handled the money the FIRST time they had it, I wonder why people think they will do any better with bailout money a SECOND time. Also, any thought about the U.S. government making some kind of profit on bailing out bad investments is quite silly. If other intelligent businesses weren't able to make money on these loans, how can we possibly expect that the U.S. government would? You never turn over a resource to a government agency in hopes that they can run it more efficiently than the private sector.... historical precedent points to completely the other way.