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Stockmarkets plunge as evidence emerges of worsening economic conditions
- DenisM 18y agoThere are two feedback loops that need to unwind: 1. low consumer confidence->revenue drop->loayoffs->low consumer confidence 2. US market->world markets->US markets. Both of these feedback loops will feed on themselves for a few iteration before the show is over. It has only begun.
- dmix 18y agoIf this headline is news to you, you need a new news source.