The stocks plummetted on Friday because of the news about Nationalizing the Banks. When shareholders heard that they might not get anything for the stocks after the govt nationalizes them, they dumped their holdings. Which is fair, can you blame them?
I love how these people plead ignorance. The economy is screwed becasue bureaucrats took advantage of globalization and inflation to screw the little guy.
The stocks plummetted on Friday because of the news about Nationalizing the Banks. When shareholders heard that they might not get anything for the stocks after the govt nationalizes them, they dumped their holdings. Which is fair, can you blame them?
I love how these people plead ignorance. The economy is screwed becasue bureaucrats took advantage of globalization and inflation to screw the little guy.
therealcaptobvious 3 years ago