This broker reacts at the stock market
in Frankfort, central Germany.
European markets are tumbling for the 8th straight day amid ongoing fears about the state of the credit market. This Depression we're in at home is spreading like wildfires across the globe. It seems citizens worldwide are panicking as their savings and retirement plans disintegrate in the midst of this economic tidal wave.
I talked to a guy today who said that if he would have stuffed his money into the mattress the last 20 years he'd have about $60,000 saved up. As it is, he only has a few thousand left in his 401 K plan and is going to have to put off retirement.
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