At 8:15 a.m. futures are moderately down, the dollar is mixed, and oil is down.
Today we are back to concerns about the Euro debt crisis. The plan came in yesterday, caused a sensation with the market literally jumping up, and now its wait a minute - is this thing for real. Smelled this one coming three days ago.
Notice that corporations keep announcing deep layoffs. Whirlpool is announcing a 5,000 worker layoff. The job creators are not creating jobs and this is getting downright ridiculous. Expect to see communes popping up all over the place where people learn how to survive in little packs growing their own food and building houses out of remnants. Seriously, its either that or we become a nation of individualist criminals robbing each other and scurrying away.
CNN: Stocks: Investors take a step back
Details about the (Eurozone debt) plan remain sketchy and doubts are creeping in.
Shares of Whirlpool tumbled 14% after the company said it plans to cut about 5,000 jobs in North America and Europe.
Oil for December delivery slipped $1.37 to $92.59 a barrel.
3 comments:
The super wealthy are ironically doing to society what Tim Leary tried to do with acid. They're firing so many people they're causing millions to be "kicked out." Tim said turn on, tune in and drop out. The 1% are saying get lost and drop out of sight, permanently.
Maybe its the rich who are putting out the new rash of zombie movies. Its them against us, except we are their zombies.
Yea, they seem to living out their fantasy of getting rid of all of us through all the post-Apocalypse movies these days. Its a genre.
Post a Comment