Asian Markets Crash

Flickr Creative Commons by Jef Poskanzer
This just in via the BBC:
Tokyo's Nikkei-225 index has dropped 11.3%, while South Korea, Australia, Singapore and Hong Kong all crashed 7% in early trading.
More here.
- FILED UNDER: Finance, Wall street
- October 9, 2008








those tax cuts
are doin a heckuva job...
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By scottso360October 9, 2008 - 10:43pmWe're pretty much screwed for awhile...
...a LONG while! What is so clear to me is that there are a handful of people in the world (Haliburton went where?? Who all have tax sheltered accounts??) with all the money. This is for you:
CONGRATULATIONS!!!
GOOD FOR YOU!!!
You guys won 'the game'. You've succeeded in proving how evil you TRULY are. How happy are you, now that the 'game' has been "won"? Do you feel good about yourselves? I guess that I'm assuming a great deal by operating under the premis that you actually are human. Oh, I understand that you haven't completely decimated the economy OF THE ENTIRE WORLD.....yet,, so there's still time for you parasites to come clean...but we won't be holding our collective breath. (Well, mabe froggy and bebe and hatey will...)
[awe crap...I just sprayed my screen..]
The first huge drop in the markets invoked in me, a yearning to see high flying (pardon the parody) CEO's and CFO's, along with all others of that ilk leaping from tall buildings. At first I felt bad for feeling like that, after all, I try to hold myself to a fairly high moral standard.
But today...Not so much. I know that this is not an accident that we are here. CLEARLY there has been some serious scheming in order to so rapidly siphon so...so very, very much money from so very many sources.
Just.... I hope that you're not too awfully surprised when the resulting revolution makes all others before it look like summer camp!
P.S. Nice job on Leno tonight, Rachel...You'd make an excellent press secretaty for President Obama.
TORCHES AND PITCHFORKS ANGRY!!!
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By roadgoddessOctober 10, 2008 - 3:13am