by
mtippett | October 10, 2008 at 07:31 am
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2 comments
Everyday I check the health of the world markets. They vary, with some going up while others go down. Today is the first time I have seen every market decline. This is getting very bad.
Most RecentMost Recommended Comments (2)
at 07:46 on October 10th, 2008
Thanks for your post. While US market is nosediving everyday but i wonder why US Dollar is strengthening. It is breaking all records against many currencies.
at 23:14 on October 10th, 2008
The normalization in the markets will now start to accelerate exponentially until the slimy toads who have created this situation are prepared to get out some of their ill-gooten gains to start buying stock then the markrt will level out at a more realistic level e.g. for the UK when property prices reflect the ability of people to repay loans i.e. at between 2.5 and 3.0 times combined earnings.
But the toads may never flash the cash if the cash becomes worthless.