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| Topic: merryl lynch | |
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Edited by
daniel48706
on
Mon 09/15/08 10:08 AM
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"NEW YORK – A stunning reshaping of the Wall Street landscape sent stocks down sharply Monday, but the pullback appeared relatively orderly — perhaps because investors were unsurprised by the demise of Lehman Brothers Holdings Inc. and relieved by a takeover of Merrill Lynch & Co."
http://news.yahoo.com/story//ap/20080915/ap_on_bi_st_ma_re/wall_street How come I am not surprised to be seeign news of more monetary decline in the United States? |
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Edited by
Unknow
on
Mon 09/15/08 10:13 AM
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I think you will be seeing a lot more..I truly believe we will see the very rock bottom...They can talk recession all they want but I think thats just the top of the bottom....JMO
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I've been saying this for years now, we are heading into another depression even worse than the one in the 30's. And the saad thing is there is now ay to prevent this from happening. not because we have screwed up so badly, but because with the way our markets and such are set up, a depression is a natural occuring result that has to happen every so often. The only way to avoid it happening is to stop inflation, which in this economy is impossible.
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I've been saying this for years now, we are heading into another depression even worse than the one in the 30's. And the saad thing is there is now ay to prevent this from happening. not because we have screwed up so badly, but because with the way our markets and such are set up, a depression is a natural occuring result that has to happen every so often. The only way to avoid it happening is to stop inflation, which in this economy is impossible. |
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