Will 2009 Be Even Scarier?
December 12, 2008 at 19:53 PM EST
Great Depression II…15% drop in home prices…Food riots…9% unemployment…Another 50% drop in the Dow… My how the world has changed? A year ago, the bulls were off and running. Many were “buying on the dip.” Commodity prices were soaring. Farmers were making a killing. Emerging markets consumers couldn’t get enough of anything. It seemed like the boom would [...]