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10 Signs That Wall Street Is About To Go Into Panic Mode
Can you smell the fear?
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The following are 10 signs that Wall Street is about to go into panic mode....
#1 According to The New York Post, nearly all of the major Wall Street banks are planning huge layoffs....
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#2 A new CNBC article claims that a "negative feedback loop" has "taken control" on Wall Street.
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#3 OPEC has announced that oil production levels will not be raised.
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#4 QE2 will be wrapping up at the end of June, and many on Wall Street had been counting on yet another round of quantitative easing.
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#5 Moody's recently warned that it may downgrade the debt ratings of Bank of America, Citigroup and Wells Fargo.
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#6 Faith in the U.S. dollar continues to decline.
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#7 U.S. consumer confidence is already lower than it was back in September 2008 when Lehman Brothers collapsed.
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#8 A whole slew of bad economic news has been pouring in lately.
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#9 A whole lot of folks in the financial industry have been warning about the next financial collapse lately.
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#10 According to a new CNN/Opinion Research Corporation poll, 48% of Americans believe that it is either "very likely" or "somewhat likely" that the United States will experience a "depression" within the next 12 months.
More...
Originally posted by boondock-saint
I wonder if things would have turned out differently
if the South had won the war ????
Originally posted by boondock-saint
don't want to bring up any bad vibes here
but just an exercise in political semantics:
I wonder if things would have turned out differently
if the South had won the war ????
Originally posted by burdman30ott6
.
The main fly I think some of us see in the ointment is that the US may not fall alone. In fact, if the US falls it will absolutely take the EU and NATO down with it. Additionally, if the US falls to a degree in which a rogue power somehow takes over the Federal government, the entire world could go down... either with America's anchor chain tied around their necks or in a hailstorm of missiles.
I have a different take on the civil war. When Lincoln freed the slaves capitalism was born. Now we're all slaves to the mighty dollar. The rich own everything including you and I. For the lower 50% income people in this country all we do is make other people money doing crappy jobs.
Originally posted by eldard
Originally posted by boondock-saint
don't want to bring up any bad vibes here
but just an exercise in political semantics:
I wonder if things would have turned out differently
if the South had won the war ????
Seriously? Notice how the poorest states are majority conservative?