Quote:
Originally Posted by Darkland
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...
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bond market crash. there is not enough money to finance US deficit and Obama will wake up one day with 10% interest rates. someone should tell him.