Asian, European Markets Plunge on Pessimism Over US Stimulus Plan.
India -7.4%
Hong Kong -5.5%
Japan -3.9%
Singapore -6%
Europe still open but down about 4% to 6% as I write.
The U.S. is closed for MLK Day, but Canada is down 4%.
Greenspan, Bernanke, Bush, Congress, and the American Consumer have really done it this time.
Does Helicopter Ben throw a panic rate cut Tuesday? And, if so, does it help?
1.21.2008
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