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Originally posted by infinite
I have another interesting historical fact:
This is the worst stock market slide since 1937, we are not far off the 1929 levels. Heaven forbid, another week of this would be very, very alarming.
Originally posted by Willbert
Dow Jones +27.00 8625.00 10/9 4:31pm
Well good news it stopped dropping for now.
Gold only rallied up an additional $24. Not really enough to absorb the losses from the DOW. I'm wondering where did all those billions/trillions go?
Originally posted by grimreaper797
reply to post by infinite
Essentially, and unfortunately, this is the truth.
Trying to stop a problem that has had years to gain momentum with a brick wall is not a good idea. Saying cut these banks off, let them fall, is the brick wall. We are passengers of the banks and big business.
You aren't driving, but if they get in a car accident at 200mph, guess what happens to you.
Originally posted by saltfever
Not sure where you are looking but!
Dow -678.91 8579.19
On market watch.
Originally posted by The Axeman
Maybe it would prompt people to look into CHANGES TO THE MONETARY POLICY of this country? Hm?
You can't fix this problem by propping up the system that caused the problem in the first place.
Depression/collapse of the system is INEVITABLE. I'd rather it be now and deal with the fallout than leave that to the children to deal with.
Eventually, the system will collapse. Today? Tomorrow? I don't know. What I DO know, is the longer it is propped up and put off, the worse it will be for EVERYONE.