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.
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 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