"If you strip out anything stocks related to oil, energy and mining in the FTSE you will see that the market is already down by 30 per cent over the past year. We are in a bear market which has been masked by the performance of those sectors."
Fund Managers React to RBS Stock Market Alert!
The article the OP linked, and the subsequent articles linked from that article, comprise of the single scariest thing I have read in the news since 2001.
don't think your feeling it? Most retirement accounts I have seen this month are down 20-25%ytd from stock losses.
And I admit, I am kind of excited to live through such troubling times..




