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The New DU. Reply #9: I got news.
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cliss
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Sun Mar-09-08 06:17 PM
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"The end of the third quarter of 2008 (thus late September, a mere seven months from now) will be marked by a new tipping point in the unfolding of the global systemic crisis."
No need to wait until the 3rd quarter of 2008. The storm is at our doorstep. Right now.
As of Friday (meaning = 2 days ago) the banks got a margin call notice. These are U.S. banks. It's expected they will not make their margin call (it was around $266 billion).
On Monday, people are expecting a big crash in the stock market.
It's here.
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