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Stocks Wipe Out As Fears Grow

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posted on Sep, 25 2008 @ 11:25 AM
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BEIJING, Sept 25 (Reuters) - Chinese regulators have told domestic banks to stop interbank lending to U.S. financial institutions to prevent possible losses during the financial crisis, the South China Morning Post reported on Thursday.

www.reuters.com...

This is where the real trouble will come from. Whatever country tries to get out of the dollar first will start a stampede that will destroy it. The market is a poor indicator of our economy. A fair amount of denial will always precede the ugly facts I'm afraid.



 
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