Times are tough for many. Even those of us with limited investments are feeling the pinch. It's not fun.
The market is tanking again today. What we are experiencing is just a taste of the long-expected debt explosion. Just a little taste. Today investors are being forced to sell what they have to meet margin calls because they had borrowed so much and the losses are adding up. They have to raise cash. And now everyone understands that everything is dropping, so they want to get out while they can. But here's the thing - [...]
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It was a month ago that the Dow hit 14,000 and many people were elated. As I have been saying for years that Bush has created a false artificial, inflated economy I was not happy to see it go up like that knowing that it was bound to crash big time. For quite a while now I have been expecting reality t catch up with the market as to the house of cards Bush has built. At the link are half a dozen related stories including [...]
Tags: Stock Market, Wall Street, Investments
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