View Single Post
Old 09-15-2008, 12:48 PM  
cykoe6
Confirmed User
 
cykoe6's Avatar
 
Industry Role:
Join Date: Apr 2005
Location: Vegas
Posts: 4,499
He said that because it is true. Bank failures are a natural result of a real estate market bubble collapse. They are not indicative of structural problem with the economy in this instance. Many stocks are up today as a result of oil falling under $100. Obviously it is a tough day for the financial sector and Wall Street but that does not mean a disaster on Main Street.
__________________
бабки, шлюхи, сила
cykoe6 is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote