Post
Topic
Board Economics
Re: Global Markets Are Tanking
by
steelhouse
on 23/09/2011, 08:46:56 UTC
Global markets are taking.  Dow is down 700 points in two days, EU is crumbling and Greece is months away from default.  US has already hit the debt ceiling AGAIN which it just fought over passing less than 2 months ago.  So when does everyone think we will have a global economic collapse?  Do you think the bankers and politicians can hold this crumbling system together for much longer?  Want to hear people's time estimates on how this event will unfold into the next year.....

Debt ceiling has not been hit!  It won't probably be hit again til after next election.