okay,
oil is down.
the dollar is up.
stocks are down.
and somehow byron allen still has a show. how is this possible? it comes on at like 3:48 a.m. it's not even scheduled on the half hour. they just throw it in when there's nothing else to air. it's amazing. it's the longest running career of an absolute invisible nature i have ever come across.
the world on the edge.
emerging markets decline.
if you're reading this, you're probably getting a sense of how real this situation is. i'm not sure our congress gets it and i know our president doesn't get it. do our two candidates get it? we'll see in the upcoming debate.
i have to wonder how soon people will be unable to justify spending over $200 on sports tickets. it hasn't happened yet, but this credit crunch is coming for each of us who has deluded ourselves into thinking we can live beyond our means and no one will notice.
Monday, October 6, 2008
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1 comment:
emerging markets are the most volatile foreign market. their fall does not surprise me.
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