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Reply #5: What is different this time is the interconnected global markets are ALL DOWN... [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
Blackhatjack Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-17-07 10:03 AM
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5. What is different this time is the interconnected global markets are ALL DOWN...
In the past there were always stable or up foreign markets to move money into when the US market was down.

NOT THIS TIME.

The sale of financial instruments of questionable value has 'infected' foreign markets as well.

THere really is no safe harbor to flee to this time.
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