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http://news.yahoo.com/s/ap/20080915/ap_on_bi_ge/financial_meltdown

About $700 billion evaporated ............

The Dow Jones industrial average lost more than 500 points, more than 4 percent, its steepest point drop since the day the stock market reopened after the Sept. 11, 2001, attacks. About $700 billion evaporated from retirement plans, government pension funds and other investment
 

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http://news.yahoo.com/s/ap/20080915/ap_on_bi_ge/financial_meltdown

About $700 billion evaporated ............

The Dow Jones industrial average lost more than 500 points, more than 4 percent, its steepest point drop since the day the stock market reopened after the Sept. 11, 2001, attacks. About $700 billion evaporated from retirement plans, government pension funds and other investment
I wouldnt say evaporated(at least not all of it). It went into peoples pockets who were smart enough to recognize this drop was coming. Never invest with firms or youl lose your money everytime something like this happens. Its worth a little learning to protect your own investments.
 

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Watchin tha world go by
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and a big chunk tommorrow as well ---- asia down almost 6%
 

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Let's not forget the $70 Billion from the Fed ...
 

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Watchin tha world go by
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70B wont begin to cover it, it might however slow the implosion down, but thats about it--- AIG alone requires 40B as an immediate fix plus a lot of future infusion of cash.

they are just going to have to ride it out, the big money -- oil cash and those sitting on liquidity are waiting for a bottom to bargain shop.after a severe drop in prices and currency value.
 

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NOTE.......last spring the market fell 500 in the last half hour, only to be "bouyed" back up by the mutuals(of course this is not any history, because the rebound at the end of the day, didn't show..ha, well, who sold, that got all the money and "stuck" it too the mutuals(American Public)......CHINA, they got half trillion dollars in 20 minutes from America.........the joke is on the American Public, doncha just know, the mutuals were told to buy, and it's a conspiracy of fund transfers????? We are had, don't bet on ANY recovery ever, we are being set up the the NWOs for consolidation of business industries...oh, so much :taped:
 
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