90 billion dollars lost in TSX (canadian Stock market)
 

Have fun tomorrow America!! Stock markets around the world plunged yesterday because of the American credit crunch, now it's time for you guys to take your hit!

Recession here the world comes! :error

Glad it doesn't effect me too much... :disgust

Recession already hit just takes a little while for the markets to reflect it.

Plus nobody can even believe the Governments unemployment numbers as they are the most adjusted statistic in mankind ever. Seriously look at what it takes to be considered employed and what it takes to be counted as unemployed.

Stock investments sux lately....

How is all that shit America's fault?
Because of the American Credit crunch?

Hey I know, why don't other countries stop talking shit and blaming there shit on American shit.

Iraq is bad, American Dollar sucks, Petrol Dollar's rule, EU makes mad money over USA, USA is toast..

Bleh bleh bleh...
I heard it all before.

Jeeze...

Fact If USA eats shit you all eat shit.

People seem to forget that those lenders and banks are global companies and not just American.

buy DXD in the morning :)

Bombay Sensex in India was down 13% an hour ago and is now down 10% !

They're projecting unemployment to go up in India and their GDP to drop 1%-2% if USA economy slows down etc...

Bombay Sensex in India heading down again at -12%

Yikes... I was wondering why the US dollar was doing so well against the Cdn dollar today (forgot the US markets were closed for MLK day). Just transfered my US account to Cdn to be safe, will be interesting to see how the dollar reacts to this when US markets open tomorrow.

This is a funky subject, to be counted as unemployed, here in the north ....you held a job and lost it. :)

Here the rules change.
Like how long you been without a job. Are you collecting unemployment. Do you work like at least 20 hours a week (number may be off). And on and on.

Here check yourself and then please do not cause a bald spot from scratching your head.
http://www.bls.gov/cps/cps_htgm.htm

It's going to be interesting in the morning when the NYSE starts trading.

my rrsps arn't what they used to be :(

Everyone ready for black Tuesday?

Good time to be holding cash in US dollars. Money is rushing back into treasuries, at least for a while.

pretty pumped to see the canadian dollar at 96 cents actually...where are all the "sky is falling" webmasters who said the usd would be worth 50 cents canadian before long

If you dont listen to the media too much,this is nothing new,it didnt surprise me it was expected,remember bankers and stock markets work on going up and down,next year the market wil be at its highest level ever..ride it :winkwink:

i blame france

The FX markets are global and always trading. The dollar is rising because people are buying US treasuries.

The FTSE dropped 3.5% in the first few mins this morning but pulled back almost as fast.....

Might not be as bad as we think.

I LOVE RECESSION, MORE INCOME AND LESS EXPENSES, GOTTA LOVE IT!!!!!!!!!! :thumbsup

F'n lame. This is no time to vacation or move abroad. Things are cheaper in other countries right now but twice as expensive for USD compared to 2 years ago. :(

The repercussions of dying baby boomers will fuel the recession.

Florida will suffer a horrible real estate problem as the old fogeys die off. It will reverberate nationwide as their children either sell their grandpa's houses in FL , or sell their own houses elsewhere to move into grandpa's retirement home in FL.