There are two factors that drive financial markets: greed and fear. The doomsdayers have been crowing for years, Dems have switched focus from Iraq to sub-prime foreclosures, and the world is finally believing that Americans are dismal and dismayed. It all harkens back to a strategy mentioned in one of my very first posts; repeating it enough will make it so.
Congratulations antagonists! Claiming recession- as opposed to the proper term, correction- seems to be creating one of global proportions.
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