Monday, February 9, 2009

Thursday Sept 18 Must read of the day

http://zerohedge.blogspot.com/2009/02/how-world-almost-came-to-end-at-2pm-on.html
The day the US Banking system almost collapsed.

If they had not done that, their estimation is that by 2pm that afternoon, $5.5 trillion would have been drawn out of the money market system of the U.S., would have collapsed the entire economy of the U.S., and within 24 hours the world economy would have collapsed. It would have been the end of our economic system and our political system as we know it.


Wow, Just wow.

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