posted on Nov, 6 2008 @ 08:34 AM
To expand on the economic crisis being fully international:
"Toyota , vying with General Motors for the title of the world's top automaker, cut its annual profit forecast by more than half after a terrible
year so far.
It now expects a 68 percent plunge in net profit to 550 billion yen (5.6 billion dollars) -- the first drop in nine years."
"Japan's Nikkei stock index plunged 6.53 percent even before the Toyota warning"
"Seoul ended with a loss of 7.6 percent while Sydney shed 4.3 percent. Hong Kong shares were down 6.4 percent at midday."
"The euro dropped to 1.2854 dollars in Tokyo afternoon trade, down from 1.2962 late Wednesday in New York. The dollar fell to 97.70 yen from
It seems like this is far from over. to me.