I am with BigRedRoo
This needs to happen.
The markets need a clean out. Its like a clogged up sewer.
Propping up and bailing out (by taking on more debt)...thats just making things worse.
The US is a house of cards, built on crap, high debt..no they are going into more debt.
They need to clean out there system..not sure if much will be left....or if they will be a so called super power...but it will happen whether they like it or not.
You'll get mass panic now.
I see the DOW going to 7000.
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