Dow falls nearly 200 points as ‘fiscal cliff’ looms. Forward! Off the cliff, into the abyss!
7 Comments on "Dow falls nearly 200 points as ‘fiscal cliff’ looms"
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I can fix it just print more money $4 ward.
Welcome to the Weimar Republic of the 1920’s! Think ‘QE – Forever’, thanks to the FED (Destroying America since 1913!).
Between Europe going balls up, and the impending credit downgrade the shit’s about to hit the fan as far as Wall Street is concerned.
I get the feeling that the stock market has been artificially lifted by the fact that it now takes more dollars to buy the same amount of stocks. Guess that could only hide the decline for so long. Coincidentally it was just long enough for Barry to walk away with another election.
But he always got back up, let’s hope we can too.
We went over the fiscal cliff on election day.
…Election day 2008.