Aiemond on 29 September 2008
| Menago KF said: I hope you mean 21st century history. In 1987 your stock market plunger by 25%. Today was only 4% and it reclaimed some of its lost value through the rest of the day. Remember, it could always be worse. 1920's worse that is. |
It did not reclaim its value at all during the day. The lowest point before the bell tolled was 724. And its not 4%, its 7%. But, this is not the main problem. The bigger problem is the credit market is frozen. This is a much more significant issue.
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