Friday, September 05, 2008

more economic troubles.

DOW PLUNGES AFTER WARNING OF 'FINANCIAL TSUNAMI'...

Banks borrow more from Fed...

Greenspan: Don't use Fed as a 'magical piggy bank'...

Payroll report: Nation loses 33,000 jobs in August: The decline was lead by a drop of 78,000 jobs among goods-producing companies -- the 21st consecutive monthly decline, according to payroll manager Automatic Data Processing Inc. The service sector, however, gained 45,000 jobs in August.

Stocks plummet after retail, unemployment data: Wall Street dived sharply lower Thursday, sending the Dow Jones industrials down over 300 points as retailers and the Labor Department added to the mountain of dismal economic news that has all but dashed investors' hopes for a late-year recovery.

House Price Crash Goes Global

UK House Prices In Biggest Fall EVER

In The Eye Of The Credit Crisis Hurricane

GM, Ford, Chrysler All Face Bankruptcy

Ukraine Turmoil Bad News For Debt Market

2 Brokers Accused Of $1B Subprime Fraud

Better A Depression Than Hyperinflating

Credit Crunch Cancer Metastasizing

Iran Calls For Production Cuts As Oil Price Dives

Paul - Govts Cheat Creditors By Devaluing Currencies

Darling Pushes Crumbing UK Economy Over Edge

Gold And The Collapse Of Fiat Paper Money

UK Banks May Have Tapped BoE For $400B

US National Debt Clock - Ya Gotta Laugh

World Heads For Deflationary Collapse

Oz Dollar Drops Below 84 US Cents

Scramble For Cash As Central Banks Dry Up

Lehman Brothers Faces Korean Takeover

Britain Up For Sale?

People's Bank Of China Powers Into Britain

Supermarket Push Junk Food In Credit Crisis

UK - Recession Will Increase Crime & Race Hatred

UK Housing Sales Worst In 30 Years

The Biggest Financial Crisis In History?

UK Govt Split Over $80B Mortgage Bailout

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