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| Home Front Economy |
| September 15, 2008: The Day The World Economy Almost Collapsed |
| 2009-02-10 |
| Video, Rep Kanjorski, Capital Markets Subcommittee Chairman explains (at about 2:20), how there was a $550B electronic run on America's money market accounts, that unless congress acted immediately, by 2pm that day, it was estimated tthat $5.5T would be taken out of the US economy, causing a complete US and international economic collapse. If an individual or nation was responsible, that was the closest thing to an act of war imaginable. |
| Posted by:Anonymoose |
| #2 |
| Posted by: Ricky bin Ricardo (Abu Babaloo) 2009-02-10 23:37 |
| #1 |
| Posted by: Barbara Skolaut 2009-02-10 17:42 |