Posted by smeddum on October 8, 2008
U.S. Stocks Drop; S&P 500, Dow Post Worst Retreats Since 1937
By Elizabeth Stanton and Eric Martin
Oct. 7 (Bloomberg) — U.S. stocks fell, sending the Standard & Poor’s 500 Index below 1,000 for the first time since 2003, on speculation banks and real-estate companies are running short of money as the credit crisis worsens. Read the rest of this entry »
Posted in Uncategorized | Tagged: Economic, economic collapse, Financial crisis, Wall street crash | Leave a Comment »
Posted by smeddum on September 19, 2008
This is the beginning of a new epoch, if you would a new times, the dog eat dog system is sharpening its teeth, streamlining its pyramid structure, leaving casualties everywhere. Yet there is fear that the system itself cannot hold, as chaos makes for much unpredictability. Commentaries are becoming sharper and sharper. Let us bring them to you here at inthesenewtimes.com
Ignorance might be bliss; but most of all, it is ignorance. It is the utterly sublime quality of not knowing, of not having the faintest clue – as in the case of Bernard Weiss, the deputy commissioner of the Berlin police. Read the rest of this entry »
Posted in Financial crisis | Tagged: failing banks, Ireland, nazis, wall street, Wall street crash | Leave a Comment »
In These New Times 