Quote:
Originally Posted by Jigster715
old news. not so shocking.
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It seems like old news because it is a slow moving trainwreck.
Remember.... before Lehman brothers folded like a tent, the stock market was actually experiencing sharp downturns.
Few people took it for it was
George Soros himself is ringing the alarm bell.
It doesn't take much of a 'black swan' to get the ball rolling to a massive correction.
It would be quite interesting if the economy tanks (for a much longer time this time due to the Fed painting itself into a corner trying to fix the previous recession) deeper and for a LONGER time this time around.
We should all consider ourselves warned.