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This day in history - 2 Cents
Posted by: Mark Nichols

24 Oct 2008


From BBC's website: This Day in History
1929: The Wall Street Crash begins in New York with Black Thursday. It causes a worldwide economic depression.

...Interesting that today worldwide markets are violently continuing their recent downward trend. Seems like a lot of over-reaction in the markets, but as long as we actually come out the other side of this mess with better spending/credit habits, I'm not sure I mind all that much.
© 2008 Dime Brothers
Category: Finance/Business    

Reader Comments:

Spending
 
This was a headline on Yahoo just now:

"U.S. working to train Iraq to spend billion-dollar surplus"

That is hilarious. "Here, let's show you how to turn that surplus into a deficit! We're pros!"
24 Oct 2008
Mark 

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