Everyone, we are Officially Fu.Cked

[ironchef]

what it means is that the BIGGEST FINANCIAL FIRMS in the country, some could be the world, are going broke.

This means that investors are selling off stocks like crazy, investor confidence is down, etce tc etc

THe stock market is plummeting, it means there is still no end in sight for the housing crises.

Expect the economy to get worse.

Lets not spread silly information please, sure investors are selling off stock, but its mostly coming out of the financials, not all stocks. Down 180 points, and being decently above the 11k mark on the Dow, is not plummeting. The economy will be fine.