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IMF warns we are on the brink of a global 'meltdown'

  1. phillyharper
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We are teetering on the brink of a systematic meltdown say the International Monetary Fund. Dominique Strauss-Kahn, the IMF chief, said "Intensifying solvency concerns about a number of the largest US-based and European financial institutions have pushed the global financial system to the brink of systemic meltdown."

Panic selling was how trading ended on Friday, is that how it will start on Monday?
phillyharper

2 responses // IMF warns we are on the brink of a global 'meltdown'

  •  

    I suspect that the dow will dip below 8000 this year.

    dangangry
  •  

    Project Mayhem is underway.

    It isn't until you have lost everything, that you are free to do anything.

    Bring on the Chaos!

    Ride on!

    1percent

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