Tuesday, October 07, 2008

JSE melts to 21022 (down 7.3%), Rand weakens to $8.89 (over 4%)

Earlier this year the JSE was at 33 000. It's now just above 21 000. That's well over a third of its value already wiped away. In a few days. Does anyone really think the imagined wealth that remains in stock markets will be rescued? Unfortunately, there are many desperate souls who have no choice but to believe...
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