Major Stock market indexes fall to 1997 levels
Febuary 23 2009
Febuary 23 2009
Although the government has said it doesn't want to nationalize banks, many investors are clearly still concerned that this could be a possibility as banks continue to suffer severe losses because of the recession. They're also worried that banks' losses will keep escalating as the recession sends more borrowers into default.
The nationalization of all major American banks is coming and so is massive civil unrest in the major cities in the United States. It's only a matter of time before it happens.
The nationalization of all major American banks is coming and so is massive civil unrest in the major cities in the United States. It's only a matter of time before it happens.
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