And after The Worst Year Ever, what comes next? Worse and worse, or do we rally?
That, indeed, is the big question.
November 28, 2008
2008: The Worst Year in the History of the US Stock Market (so far)
And after The Worst Year Ever, what comes next? Worse and worse, or do we rally?
That, indeed, is the big question.
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8 comments:
if my calculations are right,that chart just gave us the finger.
maybe somebody can double check for me...
It's all Obama's fault.
1929, 30, 31 & 32 are all on the negative side, but I suspect we are in for some sort of big bounce here. You just have to watch out for a pull back.
Interesting times we live in, here.
That is a scary looking chart......we are a greedy nation of stock market gamblers and flippers... The pain is coming and when it does their is gonna be a world of hurt for everyone.....Look for food shortages and rations in the next 2-3 years if things continue to collapse..
Speaking of worthlessness and greed-
I was watching CNBC at 7:30 AM on Black Friday...
They just interviewed 3 people who were greedily snatching up all the electronics they could carry.
All three said that they were gonna flip their purchases in the parking lot and on EBay for a profit.
Nice.
..
With the steep decline in available energy...
ALL STOCKS ARE OVERVALUED.
We will continue to decline FOREVER...
Unless the free energy fairy shows up.
Then there is pesky thinik of Overshoot...
Nope we are screwed.
Most will die in under 10 years.
Side topic: related to murder of precious life and atrocities in Mumbai..
Why is it that Tyrants, Dictators and power-crazed people have in common an irrational fear of Jewish people?
Doesn’t it show how weak they really are?
I mean being so paranoid of a tiny group (less the ½% of human population) of people who are not even militaristic is just plain old dumb.
Mean people SUCK!
Randy said:
"I mean being so paranoid of a tiny group (less the ½% of human population) of people who are not even militaristic is just plain old dumb."
You're F'ing kidding, right? Not even militaristic? Yeah, the land of the Uzi and the Mossad hasn't spawned any jingoism whatsover. Those peace loving folks who decided to plant themselves squarely in the middle of another people's land and then restrict their freedoms, movement, etc. Naaah, nothing militaristic about that. The blockade currently preventing supplies (food & medical) from reaching the Palestinians isn't in the least bit cruel or militaristic.
And all those nukes they DON'T posses are just there for blasting rock should they decide to expand (once again) their non-militaristic settlements.
The Greater Depression is what comes next. 2009. I've dreamed it since the early
childhood.
I was told in a dream: "Feed women and children when there is no welfare"...easy enough for a child to grasp.
When GM closes it's doors, that's the straw that breaks the social network (unemployment, etc.)There will be nothing to hold us up except what we really know, not what we believe.
grandma pkk
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