Drudge Retort

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Great read.
"It appears that while investors panic quickly and head for the exits at the first sign of trouble, many politicians, journalists and social thinkers go to sleep when the fire alarms begin to ring."
That’s what we’ve been seeing on world markets since Thursday trading began in Asia; this morning it hit the US with the kind of sickening thud we remember too well from 2008. Amid the general hurricane of bad economic news a few things stand out.h

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