In just over a week the Dow Jones Industrial Average fell 514 points.

[spanone]

Whasssupp???? Gas prices finally kicking in??? People aren't buying 'the robust economy' bullshit? Doesn't look good.

~snip~ The Dow Jones Industrial Average fell 77.32 points to 11128.29. The blue-chip average has now given up 514 points, or 4.4%, since last Wednesday's close, though it's still up 3.8% for the year. ~snip~

http://online.wsj.com/article/SB114795137671156462.html?mod=mkts_main_news_hs_h

[spindrifter]

1. Nope. It's the relief we all felt when the Chimp

signed the new tax bill. We were so happy that our billion and millionares will be able to keep on investing in our economy to keep in strong...that we up and sold our stock--you know, a market correction.

[mod mom]

2. I think some Republicans woke up from a koolaid stupor and discovered the

GOP DEFICIT!

[Warpy]

3. I've actually expected this for some time

but I doubt it will last, not this time.

There aren't that many places for the tax relief lavished upon the rich to go. Real estate is SO 2002.

However, if we don't manage to get this country's fiscal house in order soon, that is not going to last. There is nothing that can support this forever. The system is unsustainable, fueled by the failed policies of conservatives in both parties.

The restoration of fiscal sanity needs to be radical and it will be very painful. Neither party is willing to do any of it right now, the GOP because they are delusional and the Dems because they are timid and corrupt.

[w8liftinglady]

6. how much are we in debt to other countries?

when will they call in their loans?

[Old and In the Way]

4. Capital goes where capital grows.

It ain't growing here....

[MercutioATC]

5. It ain't growing in Europe, Asia, or the Pacific Rim either...

I've lost $6k in an EAFE fund in the last two days.