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Financial Markets Tumble AGAIN!!!

bluekat16 Posted:

Financial Markets Tumble AGAIN!!!

I can't even believe it.

Dow 8,579.19 -678.91 -7.33%

Market Tumbles Link

I'm hoping this is the bottom and we just start moving up from here.



jillyb97 Posted:

Re: Financial Markets Tumble AGAIN!!!

It's really scary...I work in finance and I'm still surprised by this...

JnD110808 Posted:

Re: Financial Markets Tumble AGAIN!!!

I hope this is too. I can't stand looking at all this RED at work. I thought it was going to bottom out around 8750. GE numbers tomorrow so we'll see. Not lookin too good.

sassygirl9 Posted:

Re: Financial Markets Tumble AGAIN!!!

OMG this is scary

Espo22 Posted:

Re: Financial Markets Tumble AGAIN!!!

glad to see how well that bail out plan worked
GinaZ Posted:

Re: Financial Markets Tumble AGAIN!!!

Thats so crazy and scary!

I dont understand how no one at my job is freaking out at all. We work in an investment bank! Oh well....I just hope it goes back up from here!
Kricket212 Posted:

Re: Financial Markets Tumble AGAIN!!!


Posted by Espo22

glad to see how well that bail out plan worked



President siad it takes time for that to work.....not sure how???
Espo22 Posted:

Re: Financial Markets Tumble AGAIN!!!


Posted by Kricket212


Posted by Espo22

glad to see how well that bail out plan worked



President siad it takes time for that to work.....not sure how???



yeah it does take time but its sad bc in the meantime more places will continue to lay ppl off bc they need to make payroll now. Such as banks, if they are not giving out loans and money isnt coming in then it will be hard for them to continue paying all employees. In the meantime how do we know more places wont go bankrupt.

This is what gets me upset though, when others in congress had a different plan without having to bail them out and taxing us for it, those who were in favor of the bail out plan said no because they needed to do something that would work immediately instead of waiting for something to work, so then what was the point if this too takes time ya know. The whole point of them pushing so hard for this bail out plan, was them saying they needed something that was immediate and start working right away

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