Saturday, October 11, 2008

Dow Jones down 700 points in the opening minutes of trading

NVDL: We are seeing the wealth of the world's wealthy nations literally evaporate. We will see the likes of China, Korea and Japan emerging almost instantaneously to take over as the world's new economic powers. Radical, fundamental shifts are now underway that are changing the world as we've known it forever.
clipped from news.yahoo.com

Frozen credit markets and a loss of confidence in the world's financial system have caused the Dow to drop 21 percent in just 10 trading days. The blue chip index tumbled 678 points Thursday, and is heading to its worst weekly point drop, and one of its biggest weekly percentage drops, since being created 112 years ago.

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