God.... and if they say that's only the tip of the...

God.... and if they say that's only the tip of the iceberg...Recession is looking close.....

Can media be so manipulative ? So the real big boys can buy in at sell off days and prices ? I trust noone these days.....

News

*MBIA Posts Record $2.3 Billion Loss on Subprime Slump, Seeks Fresh Capital

*European Confidence Drops; Inflation Rate Advances to 14-Year High of 3.2%

*Subprime Mortgage, CDO Bank Losses May Exceed $265 Billion, S&P Forecasts

*H&M Profit Growth Slows as Consumers Cut Spending in Germany, U.K., Sweden

*Stocks in Europe Fall, Capping Worst January for Stoxx 600; ING, Axa Drop

*Shell Profit Misses Estimates on Declining Output, Lower Refining Margins

*U.K. House Prices Declined for a Third Month in January, Nationwide Says

*China Battles to Prevent Snowstorms From Derailing Lunar New Year Holiday

*McCain, Romney Renew Clashes in Last Debate Before Super Tuesday Primaries