Americans who believed the propaganda about the non-existent “recovery” and failed to move their assets into safe havens will feel stabbed in the back now that the Old Gray Lady finally admits the 2008 recession never really ended. But it really serves them right for placing trust in an establishment that has lost all credibility.
Dow Jones Drunk Skydiving Without Parachute Again, Falls 500 Points
STORY HERE
Actually, at this moment the DOW just closed 512 down. It was actually lower just before the final bell.
Margin calls went out, forcing investors to liquidate gold and silver (the reason those are down, but they will go back up).
Obama's and the Congress debt deal is a miserable failure. They already spent 60% of that first batch of additional debt and this is the result.
The smell of panic is in the air! Those people who thought cutting Social Security to keep funding wars for Israel was acceptable because after all they still had their 401Ks, are getting a cold taste of reality tonight!
That 11th marble turned out to me an atomic bomb!
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