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08-04-2011, 05:42 PM
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Contains football related knowledge
Join Date: Mar 2004
Location: Second Star On The Right
Age: 62
Posts: 10,401
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Re: Dow Drops More Than 500 Points
Yeah. Not good. There is just not a lot of job creation going on, stimulus has run its course and, on top of that, the "quantitative easing" and stimulus has flooded the economy with money - markets can see that. Lots of people are predicting serious inflation over by the end of 2012 (8 - 12%).
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Strap it up, hold onto the ball, and let’s go. |
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