General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCrash, baby, crash.
http://quotes.wsj.com/index/DJI-159 at the time of this post
At some point, this will get the GOoPers attention.
notadmblnd
(23,720 posts)Tarheel_Dem
(31,245 posts)Since we know the billinaire Kochs are at the root of this, and they seemingly don't mind the impact the shutdown and default have on the economy, will any other business folk be able to talk sense into these ridiculous teahadists?
Dawson Leery
(19,348 posts)Drale
(7,932 posts)a crash would be down 600 points in a day. If it's under 200 I wouldn't worry to much.
DinahMoeHum
(21,815 posts). . .waitin' for an opportunity to add to my positions.
As Warren Buffett is wont to say: ". . .be fearful when others are greedy and greedy when others are fearful. . ."
geek tragedy
(68,868 posts)DinahMoeHum
(21,815 posts)He's got the 14th Amendment on his side.
geek tragedy
(68,868 posts)For one thing, any debt instruments issued would be of dubious legality and enforceability.
A HERETIC I AM
(24,380 posts)On what, pray tell, do you base that assumption on?
flamingdem
(39,332 posts)so a few billion in stock market losses will not stop them from funding and threatening to primary repukes.
Bunnahabhain
(857 posts)Seriously, happens all the time.
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=djia&insttype=&freq=1&show=&time=7
Here's the last six months of the DOW. Many days with moves of 1% or more.