News for hackers. Stuff that matters.
Re:Stockmarkets plunge as evidence emerges of worsening econ... by DenisM on Friday October 24, 2008 @08:16PM (#343159)
There are two feedback loops that need to unwind:

1. low consumer confidence->revenue drop->loayoffs->low consumer confidence

2. US market->world markets->US markets.

Both of these feedback loops will feed on themselves for a few iteration before the show is over.

It has only begun.

There are no comments on this comment yet.