Tuesday, January 22, 2008

Run for Your Lives

From the New York Times:

Stock markets across Asia plunged even farther and faster on Tuesday than on Monday — while stock markets in Europe also opened with further losses on Tuesday — as anxious sellers dumped huge numbers of shares on worries that an economic slowdown in the United States could drag down growth around the world.

On the upside, oil prices are falling below $88 a barrel, so you’ll have cheap gas to drive to the unemployment office.