Holy shit: I just pulled all these headlines from today's Reuters. Absolutely Mindbending

[DuaneBidoux]

Below find all the headlines I just pulled off the front page of the current Reuters a Reuters.com. I swear to God, go check it, they're all there.


Mounting Credit Market Fears Sting Indexes

Bankruptcy Fears Roil Markets Amid Margin Calls

Thornburg Plummets on Bankruptcy Worry

Oil Falls from Record Near $106 on Profit-taking

Gold Retreats from Record High on Profit Taking

Dollar Plummets as ECB Dashes Rate Cut Hopes

Airline Shares Tumble on Oil Price Rise

U.S. Household Wealth Dips for the First Time Since 2002

OPEC Inaction Sets Oil Up for Further Price Spikes

Foreclosures at Record as Household Wealth Falls

[underpants]

1. I was watching the CNN market update at 3:30

Dow down 165
10% of homes 10% are in negative equity
and oil is $105 a barrel

:wow:

[pleah]

2. Is it a depression yet?

:wow: :wow: :wow: :wow: :wow: :wow: :wow: :wow: :wow: :wow: :wow: :wow: :wow: :wow: :wow: :wow: :wow: :wow: :wow:

[Tesha]

13. Not until Ben Bernanke loses his job. (NT)

[TahitiNut]

3. February's employment numbers come out tomorrow. Watch out for blood spatters.

Seasonal jobs will be especially DOWN (i.e. construction) and any attempt to put a rosy spin on it will be doomed to failure in a tsunami of bad nws.

[uppityperson]

4. I noticed an article in local newspaper insert on how to help your career survive a recession.

It was odd since usually these inserts are about education, jobs, careers, etc. Not to how have your career survive.

[Nay]

5. There was an article in our paper today, advising ppl to KEEP

their jobs and not go looking, that the times are bad. Lovely, just lovely.

[MissB]

10. I just got a job.

Just getting back into my career. I think I nailed one down at just the right time.

[uppityperson]

11. Very good, congratulations. I hope it works out well for you.

[yardwork]

6. Think of the doctoral theses that will be written in the future about our times!

People will read the history books and just shake their heads.

That's assuming that we make it through and there still are history books in the future.

[HuffleClaw]

7. that is pretty funny...

...considering a guy in a chatroom i frequent was SURE the US economy is booming.

[katty]

8. we've been warned

[Adsos Letter]

9. The regulars over in the Economics Forum have been warning us for quite some time...

all DUer's should make regular visits to that forum, in my humble opinion.

[spanone]

12. and that's the good news.

and that doesn't mention one war

[GreenPartyVoter]

14. I dreamed last night that the bank foreclosed on a very nice double-wide and

somehow we were able to acquire it. But when I went inside the previous owners' things were still in there. They knocked at the door and I let them in to get their stuff, even though we were breaking some kind of rule against it. (What else could I do? I felt terrible for them and they needed that crib back for the baby!)

Anyway, it goes to show 2 things. Even my sleeping mind is aware of the foreclosure problem, and I will never have a nicer house except in my dreams. LOL