Black Monday II

Posted By: Dr. Frugal in Economics on 01/22/2008 at 06:37:07

It's ironic in a way that I misspelled Monday as Money this morning because things appear to be tanking fast and it's safe to assume that if you're invested in the stock market, you're taking a pretty enormous hit right now. The news on NPR yesterday said worldwide the losses could be over a trillion dollars just from yesterday. This morning the Indian stock exchange had to close after just an hour after losing 8%. Since I'm pretty heavily invested in the markets suffice it to say that I'm not sleeping comfortably at night.

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