Stock market is now a 50% fall from the top, just as bad as 87.
difference is this time the world has a major credit bubble
with 50% of australias money wiped out in stocks, money people had for retirment, buying new luxurys or for building up for buying a home, how is the evonomy going to restart when there is no money?
and to top this off record high unemployment looks like its on the cars with the jobs being axed everywhere.
Does anyone have any thoughts on whats to come next?
