Crash! Panic! The Market Is Going To Hurt Today
October 24th, 2008 8:47 am | by Marc Gallagher | Published in Bailouts, Banking, Debt, Economics, Free Market, Investing, Maven Commentary, Money, Ron Paul | 1
All indications point to a major downturn in the stock market today. Perhaps even more negative than the recent declines during the bailout debate.
NEW YORK – Wall Street headed for another precipitous drop Friday as fears of a punishing global recession stirred panic among investors and sent world financial markets into a tailspin. The Dow Jones industrial average futures fell as much as 550 points, triggering a freeze in selling.
Hmmm… Apparently government intervention only prolongs the inevitable and makes it worse. Sure it’s too early to know for sure, but things are looking bleaker by the day and Ron Paul is looking more and more like a genius by the minute.
Turn off your stock market tickers and your favorite financial news channel and go watch Chris Martenson’s Crash Course instead. You’ll thank yourself later.
Have a nice day.
Liberty Maven










October 24th, 2008 at 11:24 am (#)
Or maybe not.