Wal-Mart’s Worst Stock Crash In 27 Years

Now that a major global recession has begun, you would expect major retailers like Wal-Mart to run into trouble as consumer spending dries up, and that is precisely what is happening.  On Wednesday, shares of Wal-Mart experienced their largest single day decline in 27 years after an extremely disappointing earnings projection was released.  The stock […]

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Where is Neo When We Need Him

Paul Craig Roberts In The Matrix in which Americans live, nothing is ever their fault. For example, the current decline in the US stock market is not because years of excessive liquidity supplied by the Federal Reserve have created a bubble so overblown that a mere six stocks, some of which have no earnings commensurate […]

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Federal Reserve, Congress 99% responsible for Black Monday market meltdown

By Andrew Moran Over the past several days, the New York Stock Exchange has seen steep losses. Financial analysts say that it’s a market correction in the wake of China’s slowing economy. Although the Dow Jones opened up Wednesday’s trading session in positive territory, some say this turmoil isn’t over. Former Texas Republican Congressman and […]

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Black Monday: Great Fall of China

Alarm bells rang across world markets today as a 9 percent dive in Chinese shares and a sharp drop in the dollar and major commodities panicked investors fearing a Chinese “hard landing”. State media has called it China’s “Black Monday” Words such as ‘bloodbath’ have been used as stock markets in London, Paris and Frankfurt […]

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This 2 Day Stock Market Crash Was Larger Than Any 1 Day Stock Market Crash In U.S. History

By Michael Snyder We witnessed something truly historic happen on Friday.  The Dow Jones Industrial Average plummeted 530 points, and that followed a 358 point crashon Thursday.  When you add those two days together, the total two day stock market crash that we just witnessed comes to a grand total of 888 points, which is […]

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