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Old 03-16-2008, 07:37 PM   #7 (permalink)
Tully Mars
Living in a Warmer Insanity
 
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Location: Yucatan, Mexico
Quote:
Originally Posted by james t kirk
In all seriousness, this is amazing bad news.

It affects everyone who has any sort of investment holdings - Stocks, mutual funds, retirement savings. Tomorrow the panic is going to be be unlike anything seen since 1929.

None of us here were around in 1929 when there was a run on the banks. I only pray that this time it is different. At least the Federal Reserve is trying to do something, anything.

This is getting rather frightening.
Last I looked the Nikkei was down over 4% for Monday the 16th and the dollar was at a 12 year low against the Yen.

Nothing to see here folks, move along, all is well.
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