Stockmarkets plunge as evidence emerges of worsening economic conditions
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Re: Stockmarkets plunge as evidence emerges of worsening economic conditions
#2There are two feedback loops that need to unwind:
1. low consumer confidence->revenue drop->loayoffs->low consumer confidence
2. US market->world markets->US markets.
Both of these feedback loops will feed on themselves for a few iteration before the show is over.
It has only begun.
Re: Stockmarkets plunge as evidence emerges of worsening economic conditions
#3If this headline is news to you, you need a new news source.