Quote:
Originally Posted by bronco67
Stock market is down 700 pts.
I don't think the voting is over yet. What happens if this thing doesn't pass? Don't they know it could be a lot worse trouble for them than paying some extra taxes?
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Its trouble for all, not just them and not just the US. Our economy is global and if the US fails most will follow very quickly,
Hypo Real Estate Holding AG (Germany)
Glitnir Bank (Iceland)
Fortis (Belgium)
Bradford & Bingley's (Britian)
All are in the process of being bailed out by their respective governments