Is this a world wide monetary collapse? discussion

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Are we in for something WORSE than 1929?

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message 1: by Daniel (new)

May 11, 2008 08:24AM

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Are we in for something WORSE than 1929?

http://business.timesonline.co.uk/tol...

and read

http://www.bbc.co.uk/blogs/thereporte...

The equivalent to Black Thursday in 1929 would be the Dow falling about 5,000 points in one day which would mean the loss of about 5 trillion dollars and which would be impossible for any and all governments to cope with.

What if Soros is right?

Fitz

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