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Posts Tagged “Tectonic Plates”

Random Feed wrote an interesting post today on
Here’s a quick excerpt
During the first ten days of October 2008, the Dow Jones dropped 2,399.47 points, losing trillions of investor equity. The Federal Government pushed TARP, a $700 billion bail-out, through Congress to rescue the beleaguered financial institutions. The collapse of the financial system was likened to an earthquake. In reality, what happened was more like a shift of tectonic plates. ******************************************* In September 2009 the Fed proclaimed “The Recession is Over.” Presi

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Random Feed wrote an interesting post today on
Here’s a quick excerpt
During the first ten days of October 2008, the Dow Jones dropped 2,399.47 points, losing 22.11% of its value and trillions of investor equity. The Federal Government pushed a $700 billion bail-out through Congress to rescue the beleaguered financial institutions. The collapse of the financial system in the fall of 2008 was likened to an earthquake. In reality, what happened was more like a shift of tectonic plates. History will record that the tectonic plates of our financial world began to

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