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And, yes, I DO take it personally: Asian stock markets down again on Tuesday (and it's heading this way - FAST!)
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Monday, January 21, 2008

Asian stock markets down again on Tuesday (and it's heading this way - FAST!)

when i roll out of bed tomorrow morning at 6:30 pst, wall street will already be in its first half hour of trading... since the u.s. stock markets were closed today for the mlk holiday, the tsunami may hit here extra hard tomorrow... i'm not looking forward to getting online and tuning in to the continuing collapse, but, hey...! let's get the goddam thing the hell over with so we can get going on redoing the global financial system...
Global stock markets extended their shakeout into a second day Tuesday, plunging amid worries that a possible U.S. recession will cause a worldwide economic slowdown. The dramatic declines were expected to spread to Wall Street, where stock index futures were already down sharply hours before the trading day began.

Japan's Nikkei 225 index, the benchmark for Asia's biggest bourse, skidded 4.4 percent in morning trading to 12,738.31 points, after dropping 3.9 percent Monday. Hong Kong's Hang Seng index was down 5.2 percent after plunging 5.5 percent the day before.

"Unless we get some positive 'shock effects,' such as drastic measures from the U.S. government, there is almost no hope for a recovery in stocks," said Koji Takeuchi, senior economist at Mizuho Research Institute in Tokyo.

let's do it... no more fooling around... we've waiting a long, long time for this collapse... no more screwing around...

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