1,000 POINT STOCK MARKET CRASH May 6, 2010 Fox Business

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Uploaded by on May 7, 2010

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  • @TheJoeyD27 It defintely happened on May 6, 2010 because as a trader I keep a diary of what the Dow, Nasdaq and the S&P 500 does everyday. Plus I was watching this live when it happened.

  • Are you sure this happened on may 6, 2010? I thought that it was 2007?

  • @rlichota1 Don't worry... you will. Sooner than you think.

  • @Redmailnet 'When' Greece defaults Spain, Italy, Ireland, and Portugal could follow. When the working population lose their jobs and can no longer support your lifestyle, you will realise the word 'economy' is very real.

  • @6969dazzagazza I don't want to answer back just to answer back, but I've heard that from a lot of different people already and that makes me amazed of how true it is for a lot of people. Although, fortunately I don't have a job (200k people below 30yo are unemployed in my country); my home is already payed for; we have public universities and it costs ~900€/year; food can be grown hydroponically; I don't have a car anymore; taxes already been raised. System failed. Now we adapt. Creativity! ;)

  • @Redmailnet When you lose your job and struggle to support your family, struggle to pay your mortgage, pay your student loans, see inflation on your food and petrol, see raised taxes to support negilgent Banks.....then you will understand.......unless you live on the street and beg for food (which still require people to produce and give you food).

  • Well I don't. Not that I don't care about other people's issue, but I don't think that economy plays a big role in people's life.

    Let's X be the very first beginning of mankind and Y the day economy was introduced to the world (prior to Adam Smith). The range between X and Y is far more superior than the range of Y to nowadays. It means that we are what we are today not because of the Economy, but because we simply lived.

    Now a lot of people want to make us think it is important, but it isn't.

  • @Redmailnet You obiviously don't have a mortgage on your home.

  • This is funny. The world existed even before the word Economy was invented, and it will continue to exist even after that word stop from being used.

  • I Believe This Was A Video Clip Of FOX Business Network's Countdown To The Closing Bell's Breaking News Report On 1,000 Point Stock Market Crash On Late Thursday Afternoon, May 6, 2010.

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