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To: shuckmaster
Expect the DOW to drop 350 points when the market opens Tuesday.

If Ben does not drop interest rates before open on Tuesday, he needs to be taking out and shot (not literally). I can't believe that Ben has sat on his hands this long. Our economy is not healthy enough to survive both a housing collapse and a stock market collapse at the same time.

4 posted on 01/21/2008 5:53:17 AM PST by Always Right (Was it over when the Germans bombed Pearl Harbor?)
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To: Always Right
Ben does not drop interest rates before open on Tuesday

He already said they're going to drop 1/2 pt. at next Fed meeting (Jan 29 or 30).

9 posted on 01/21/2008 6:00:46 AM PST by what's up
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To: Always Right
Our economy has not been healthy for a while because of our (the average citizen) and our government's debt. We gonna have to start paying that off. A serious deflation cycle is on the near horizon. Only if Asian and European markets to include their currencies and bonds take a worse beating than those in the US we foreign investment come back to the least of the 2 evils.

9.5 trillion in federal government debt.

That number was 3.5 4-5 years ago.

3 trillion in sub-prime doo-do.

What do you honestly think has and is going to happen?

12 posted on 01/21/2008 6:09:06 AM PST by RSmithOpt (Liberalism: Highway to Hell)
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