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Originally Posted by JinnKai
I have, but I don't know who tf Bear Stearns is or why I should care. Could be because my 401k consists of my 2.5% interest savings account, since I'm too lazy to set it up..?
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Well, it's not really about Bear Stearns, but it's about the US economy and subsequently the world economy. It's too early to say if this is going to be more than a major recession (e.g. if it will become a Depression, as in the Great Depression in the 1930s), but let's just say that I'm expecting anything at this point. I don't think we've hit the lowest lows yet... but it does feel like one hell of a Black Monday, worldwide.