12 October 2008

HALF the annual US GDP has disappeared in 2 days

There were $US 6.5 TRILLION in global stock market losses on October 6 and 7 as measured by Standard & Poor's BMI Global, an index of the major markets worldwide. This is HALF the annual US GDP which disappeared - in two days - as purchasing power. October 8 and 9 were as bad or worse. -- The Privateer

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