It's been a wild couple of days

Aug 05, 2011 18:22

Yesterday afternoon, I posted a video in Next Media Animation on the Debt Ceiling Hostage Crisis that portrayed Chinese displeasure with the debt ceiling deal, which I'm just going to call the Satan Sandwich from now on (I'm also adding a "Satan Sandwich" label/tag to all my posts about it), along with all kinds of wild financial news from the day before yesterday. Yesterday was even worse, as the rest of the financial markets weighed the deal and wrote "Mene, Mene, Tekel, Upharsin" on the walls of the exchanges.

image Click to view


Stock market tumble

Investors flee economic gloom, policy paralysis

Wall Street suffers worst selloff in two years

Gold eases below lifetime high; investors cover losses

image Click to view


Stocks are falling again on more fears of economic weakness in the U.S. and Europe's debt crisis.

More at The financial markets think it's a Satan Sandwich, too and WXYZ has local reaction to yesterday's and today's stock plunge on Crazy Eddie's Motie News.

Originally crossposted to neonvincent on Dreamwidth. Comment here or there, whichever you prefer. http://neonvincent.dreamwidth.org/50943.html

wxyz, youtube, economic crisis, wall street, economy, reuters, crazy eddie's motie news

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