Black Tuesday is upon us, and the market will crash today. [...]
|
Escape from Paradise Only here - 15 Free Dedicated IPs. Awesome for SEO. Our host for over ten years!
|
In spite of the huge infusions of capital to purchase debt, and now shares, the stock markets of the world continue to plunge. Today, the Dow was down 7.87%. This was the 9th worst percentage loss in one day, for the entire history of the stock market. Twelve more days like today, and the [...]  The Great Depression - 2008 The market was 500 trades away from Armageddon on Thursday, September 18. 2008. Had the Treasury and Fed not quickly stepped in with a quick $105 billion injection of liquidity, the Dow could have collapsed to the 8,300-level – a 22 percent decline! According to traders, who spoke on the condition of anonymity, money market funds were inundated with $500 billion in sell orders prior to the opening. The total money-market capitalization was roughly $4 trillion that morning. The panicked selling was directly linked to the seizing up of the credit markets – including a $52 billion constriction in commercial paper – and the rumors of additional money market funds “breaking the buck,” or dropping below $1 net asset value. Continue reading The DOW – Almost down 22% to 8,300 on Sept. 18, 2008 |
U.S. college debt, nearly $1 trillion, is larger than housing or credit card debt. US healthcare worst, and most expensive.
Infections kill 100,000 patients in hospitals and other clinics in the U.S. every year. Japan’s health-insurance system covers everybody, including illegal aliens. It pays for physical, mental, dental, and long-term care. Japanese are the world’s most prodigious consumers of medical care; they see the doctor about 15 times per year, three times the U.S. norm. They get twice as many prescriptions per capita and three times as many MRI scans. The average hospital stay is 20 nights—four times the U.S. average. Cost: And yet Japan produces all that high-quality care at bargain-basement prices. The aging nation spends about $3,500 per person on health care each year; America burns through $7,400 per person and still leaves millions without coverage. Canadians live three years longer and are healthier than Americans, and the lack of universal health care in the United States may be a factor, researchers say.
|
|
Copyright © 2012 Getting at the truth - All Rights Reserved |
||
Recent Comments