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The thing that I am surprised no one is mentioning is what this trend has typically led to in the past.
Several times in our not too distant past, when an economic panic has showed up this quickly the legislators go into full swing. Which they are doing now with the 1st and now the 2nd bailout attempts.
What comes next?
More panic... More fear mongering... And THEN...
Either an overhaul of our central banking system or the introduction of a NEW central bank system with a change in monetary notes.
It was these very events that gave birth to the Federal Reserve and eventually lead to our worthless, backed by nothing, pieces of green paper.
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"The towers are gone now, reduced to bloody rubble, along with all hopes for Peace in Our Time, in the United States or any other country. Make no mistake about it: We are At War now -- with somebody -- and we will stay At War with that mysterious Enemy for the rest of our lives." H.S.T. 09/12/01
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