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"Asian stocks fall as US economy deteriorates"

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posted on Mar, 2 2009 @ 07:11 AM
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That was the (disturbingly blunt) .line on bloomberg.com this morning.


March 2 (Bloomberg) -- Stocks in Europe and Asia fell, U.S. futures slumped and Treasuries rose as Warren Buffett said the economy is in a “shambles” and American International Group Inc. announced a $61.7 billion loss.


Futures are down 2% (-132 for the Dow, 16.6 S&P 500, 20.75 Nasdaq). This looks like another rough day.




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