Look at the charts people this thing is not about to get turned around. It can’t at least not now. Bush has just under 50 days left in office and all he has to do is hold this thing together until after the election. Wouldn’t it be amazing to see the market crash just as Obama is elected into office? I’m not saying all this as a negative person. I’m actually quite optimistic that America will rise from the rubble stronger than ever. But in order for that to happen we must start producing. As it sits right now we can’t even make pencils let alone something we could sell to the rest of the world. Forget about the market collapse that is imminent. What are you going to do when the dollar is worthless? Thats the real question.
“Jitters over the fragile state of financial markets increased dramatically after the Federal Reserve’s decision late Tuesday to give troubled insurer AIG a two-year loan of up to $85 billion in exchange for a nearly 80% stake in the company, which lost billions in the risky business of insuring against bond defaults.”
— Justin of Vizionkc