The average person has just seen their life savings wiped out.
The rest were already so far in debt they are busy filling out forms at the bankruptcy offices.
Hey I just had a great idea!!
Why doesn't the government get the remaining banks to lend everyone money (maybe no interest for 2 years) so they can buy stocks. Then we could all live happily ever after.
Oh sorry they already thought of that before and it really didn't work out did it.
As expected the markets although remaining volatile really didn't do much this week. In fact they appear to be forming a bear flag.
If this breaks we may see 7,000 in the future. I guess we will just have to keep our fingers crossed hoping Buffet can shift perception enough to avoid another trouncing.Peter
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