Monday, August 8, 2011

Gerald Celente: Greatest Depression is Underway Aug 2, 2011

“Why would any thinking adult look at the Republicans and the Democrats, the inepts and the incompetents, to come up with a program that’s going to salvage the nation?”

Dow Dives 600 Points As Market Re-Rates U.S. Growth Outlook

That contributed to the massive slide that had the Dow Jones Industrial Average down 616 points, or 5.4%, at 10,828 10 minutes before the closing bell. The S&P 500 and Nasdaq lost more than 6% apiece, with the former off 76 points to 1,123 and the latter 162 points to 2,370. The Russell 2000, a growth-focused index, slumped 5.3%. FULL STORY

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