Prophecy in today's headlines

Black Friday? Stock Markets Brace For The Worse





There wasn’t much new in U.S. markets Thursday, and that was the problem. Credit markets remain mostly frozen, as wary banks still refuse to lend to one another despite the federal government’s attempts to break that logjam.

The plan for the Treasury to buy up $700 billion in bad loans from banks now is roundly viewed as too little, too late, or just wrong-headed. Critics say it won’t get the banks to lend again any time soon.

New reports from Washington on Thursday said the Treasury may try another approach: injecting capital directly into banks. Yet that revelation also failed to lift market sentiment.

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1 response to Black Friday? Stock Markets Brace For The Worse

  1. This is not good. The world’s bees are dying and that points to world starvation because there would not be enough bees to pollinate the food that takes up a large percent of the average families’ meal. The sale of safes are on a roll and everything is, simply put, in one catastrophic domino effect. This even may or may not be the last time i’m on the internet…

    these are signs of the times

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