Does Anyone feel like Bailing

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Does Anyone feel like Bailing

Current Events Help understand the world by talking about things happening in it

11-24-2008, 11:20 PM

#11

classicman

barely disguised asshole, keeper of all that is holy.

Join Date: Nov 2007

Posts: 23,401

Quote:

Originally Posted by tw

Put $7trillion into perspective.

more than the output of the entire US last year.

Quote:

Originally Posted by tw

One study using 1929 as an analytical basis says a bottom will occur when stocks have dropped by 80% of their 2007 value.

Don't get carried away there tw - What were the default rates and jobless percentages in '29? You know that this is not a realistic comparison...

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