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Author Topic: Dow Plunges!!!!  (Read 2360 times)

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Offline ksyc13

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Dow Plunges!!!!
« on: December 02, 2008, 10:23:58 AM »
Is this the beginning of worse things to come? Logged on to yahoo and the first thing that was highlighted was this news. 

http://news.yahoo.com/s/ap/20081202/ap_on_bi_ge/financial_meltdown

They were saying that this time around it be very much worst since the great depression - even the 1997 financial crisis is nothing compared to what's coming.

Getting me very worried!!! Any advice on what to do and what to expect?
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Offline Aezam

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Re: Dow Plunges!!!!
« Reply #1 on: December 02, 2008, 10:41:40 AM »
Probably that's why "they" let Obama win the elections ... This will be the worse of times!
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Offline mrfeelgood

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Re: Dow Plunges!!!!
« Reply #2 on: December 03, 2008, 12:49:51 PM »
ayoyo! ... was with a fren the other day, he was saying his bro-in-law, who's working with one of the electronics MNCs based in Penang, was laid off - given only a month's severance pay - and his bro-in-law has 4 mouths 2 feed. Apparently quite a number of MNCs have started laying off theirs workers - I heard somewhere about 15,000 workers were laid off!  Dunno how true .. but if it is ... real scary-lah!!!
« Last Edit: December 03, 2008, 12:55:33 PM by mrfeelgood »
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Offline ksyc13

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Re: Dow Plunges!!!!
« Reply #3 on: December 06, 2008, 01:12:18 AM »
Doesn't look too good - the Dow Jones Index plunge further down went it opened this morning ...
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