Stock Market Loses 889 Points in Two Days

[jamesbond]

This is some pretty scary stuff, the stock market collapse could ignite a global financial collapse.

[jamesbond]

The stock market has lost 2,000 points since May, which was just 3 months ago. This video goes into detail on what the future holds financially for America.

[fschmidt]

Plunge protection time

[Teal Lantern]

It was only a few short years ago they were claiming/complaining China was keeping its currency "artificially high".
Now what?

[BlackKnight]

Simple price correction. You see, the stock market was overvalued. Today's stock prices are so extreme that a drop of 40%-50% from the recent high would not be a surprise. Indeed, it would take a drop of this magnitude just to get back to average long-term valuation levels, let alone cheap. The fed should go ahead with their rate increase to at least slow down or stop the stock buy backs, mergers, and acquisition games that are hurting workers everywhere.

[jamesbond]

Things may get a lot worse in September and October according to some people.

[Taco]

The middle class will be extinct soon.

The Stock Market Hasn't Had a Selloff Like This One in Over 75 Years
http://www.bloomberg.com/news/articles/ ... r-75-years

The U.S. Is Short on Options to Confront Next Crisis
http://www.bloomberg.com/news/articles/ ... ext-crisis

CNN Tells Americans That The Stock Market Is Not Going To Crash
http://theeconomiccollapseblog.com/arch ... g-to-crash



You can see the Dow Jones chart he mentions by clicking on this link.
http://seekingalpha.com/instablog/29482 ... much-worse