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Stocks Fall on Belief Global Recession Is Near

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Uploaded by on Oct 24, 2008

Wall Street has ended the week with another sharp loss, joining stock markets around the world that fell on the growing belief that a punishing economic recession is at hand. (Oct. 24)

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News & Politics

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  • this video was good

    lets chat ci

  • It's about how far down this spiral we go and for how long before we start to go back up it again. The thing I think is that if we where less greedy, more willing to think of others and less stuip with money, we would not even be in this situation in the first place. I just hope the recession hits those most greedy and less caring the hardest, as they deserve it.

  • Recession = unemployment, that means less people putting money into the system, which means more unemployment, which means even less money goes into the system and so on. Plus theft I heared in some countries may have increased, which mean bussinesses make a bigger lose, that means the whole recession is speeded up an more people may be mad unemployed that means even less money into the system. Until we enter a downwards spiral.

  • Hi assholes.

    I do not care what you

    say. Bush will still be the

    Greatest President Ever and your

    grandchildren will be building a 1,000 foot

    statue with his likeness in Honor of this Great President George W. Bush. My hero along with my 3 young sons.

  • people believe that "trickle down economics" actually work. when people get money they find ways to avoid taxes like, offshore accounts. that puts money in other countries economies. also i feel we import more than we export also. they say the demand for oil has gone up, bullshit! it's increased proportionatelly over the years just like it always has. they pretend like we just started the auto industry a few years ago and it created this big demand.

  • This is why the Smoot-Hartley Act was enacted in 1931.

    Because totally BS and Unconstitutional Free Marketers have no allegiance to the USA.

  • It's a controlled crash and not only that, they're not allowing it to immediately and naturally correct itself. In other words ... They're controlling it. They control the market. They manipulate the Market, because they stole all of the Money and it's all in either a hand full of places.

    In $100's of Trillions of US Dollars

    #1. Off Shore Accounts

    #2. Oil & Gold

    #3. Invested Over Seas

    #4. Money Mutuals

    #5. Hedge Funds

    #6. Treasury Notes

    Notice they're dipping into and selling their Oil & Gold

  • nonsense, 8 years of bush's tax cuts we have rich ass oil companies, and the bank bailout plan. Wall Street is just pulling out all of the money in the stock market to through the world into recession and buy up foreign companies and land at a fraction of the cost.

  • Recession Is Near hahahah

    coffee anyone?

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