Financial Chaos Sweeping the World
By: Pamela LeaveyWell folks, as you sit down with your morning cup of coffee and you prepare to delve into the financial headlines you might want to pour a stiff shot of something to sweeten that coffee, that is if you can afford the price of a good bottle of liquor. Here’s a round of the early morning financial news… It’s not pretty:
- Houston Chronicle: Stocks are on track for their worst year since 1937
- NY Times: Nations Weighing Global Approach as Chaos Spreads
- IHT: Iceland is all but officially bankrupt
- Guardian UK: Gordon Brown considers legal action against Iceland
- Nouriel Roubini: The world is at severe risk of a global systemic financial meltdown and a severe global depression
- Paul Krugman: Moment of Truth
- NY Times: Markets in Europe and Asia Plunge
- WaPo: The End Of American Capitalism?
- WaPo: Oil plummets to $82 on global slowdown fears
- LA Times: Black Friday? Markets brace for worse, and cry for help
Someone really needs to figure out how to fix this “Nightmare on Wall Street” that has now ricocheted around the world. But please, please don’t leave it in the hands of Bush Administration, because they’ve royally screwed up everything in the past 8 years.
Sphere: Related ContentFiled under: BushCo, Congress, Corporatism, Credit Crisis, Democrats, Economic News, Economy, Henry Paulson, House of Reps, In The News, Pamela Leavey, Politics, Republicans, Senate, Wall Street | Get Permalink or trackback |
One Response to “Financial Chaos Sweeping the World”
Discuss It:
COMMENT POLICY: The Owner/Editor, Admin, Authors and Moderators of The Democratic Daily reserve the right to Edit or Delete comments as per our guidelines including comments that are offensive or inappropriate, violent or abusive, or off topic and ridiculous.
Comments are the view of the commenter and do not express the view of The Democratic Daily.
Our goal is to engage members and readers in civil conversation and discourse.
Name-calling, bashing or attacking members of The Democratic Daily, Democratic leaders in office or Democratic candidates will not be tolerated.
Foul language will be edited.
Remarks that may be construed as slanderous, bigoted, racist or advocating violence towards others, will be removed or edited.
DO NOT POST FULL ARTICLES.
We reserve the right to edit comments that post full articles or do not include links. Please include a link when quoting news or blogs in the comments.
Comments containing links may be held in Moderation due to Spam posted in our comments.
Thank you for your cooperation.








Financial Chaos Sweeping the World by Pamela Leavey.I sure hope someone will expose Republicans planting people in ACORN just to raise hell. Seems the low road is the only road the Republicansroll on.http://countryfriedfred.wordpress.com/