Quote from: stompix on October 04, 2022, 09:53:47 AM

Because at some point a word gets a new meaning, even if it's not quoting ZH it's still ZH material, much like... a homer for example Grin

And what about those investors, cause after the panic sell there was a panic buy since well, shares were trading above starting price at the end and I'm pretty sure all the doomsdayers and shorters are really not having a nice morning today:

https://www.barrons.com/market-data/stocks/cs

What was the nickname of those guys, ...weak hands? Lol!

Well, if anything, the strong hands that have HODLed CS stock since the top have lost something like over 90% of what they invested. The price at the top was around 90CHF and today it is at 4. So a very good investment by all accounts.

Cheesy

Quote from: The Pharmacist on October 04, 2022, 06:27:14 PM

I'm just curious, as I don't know how old you are: do you remember that crisis and how it all played out? I remember it well, especially the absolutely devastating hit the stock market took, which can be plainly seen on a 20-year chart of the S&P 500:uicide.

I am middle-aged, and, yes, I remember that crisis, but the aftermath was not experienced in the same way in the USA as in Europe, because while the stock market there recovered in 3 years, the Euro Stoxx 50 has not yet recovered its maximum value.

In the EU in 2012 there was a sovereign debt crisis and there was talk of the possible breakup of the euro, in Cyprus there was a run on the market in 2013, Greece was bailed out, etc. and only when the president of the ECB at that time, Mario Draghi pronounced "whatever it takes" the EU began to see the light at the end of the tunnel.

Quote from: Lucius on October 05, 2022, 10:07:50 AM

Quote from: The Pharmacist on October 04, 2022, 06:27:14 PM

That whole thing baffles me. And I'm not sure how the US would respond, but if it was with nuclear weapons, that would be suicide.

I already wrote in this topic that the US and NATO will respond to a nuclear tactical attack, and their position is quite clear - the response would be exclusively with conventional weapons against all Russian targets in Ukraine - but given that Russia has annexed parts of occupied Ukraine, that would mean that NATO attacks Russian territory, which means that Russia has the right to retaliate with strategic nuclear weapons, which means that all large cities in the northern hemisphere would become targets.

The simulation was not done a few years ago, and that Plan A would actually be the end of the world as we know it today. The fate of the world, as I have already written, is in the hands of a man who is completely obsessed with his idea of a great Russia at any cost, and on the other hand, a senile old man who can no longer appear in public without causing some new ridiculous situation.

I think that since both sides know that playing with fire could lead to the total destruction of humanity, it is unlikely that they will start playing with atomic bombs. But in wars you never know. When the conflict starts to escalate sometimes things get out of hand.