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Keyword: forewarnedforearmed

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  • Warning: Nasty Surprises Coming Next Week (Gloom & doom in stock market)

    09/21/2008 8:54:27 AM PDT · by dennisw · 79 replies · 347+ views
    moneyandmarkets ^ | 09-21-08 | Martin D. Weiss, Ph.D.
    Warning: Nasty Surprises Coming Next Week by Martin D. Weiss, Ph.D.   09-21-08 America's $47-trillion bubble of debt has burst.America's $180-trillion balloon of derivatives has popped.And all the president's men cannot put them back together again.Last year, they tried three different mortgage work-out plans. This year, they tried a massive economic stimulus package. They resorted to a myriad of unprecedented lending facilities. They even bailed out Bear Stearns, Fannie Mae, Freddie Mac and AIG. Each attempt was more radical than the previous. And each attempt failed miserably.Now, appearing before the American people at the White House Rose Garden, they've declared...