Stock Markets are in free falls

Just to give an idea of what has happened, here are the falls over the past 15 days.

The DOW is down 25% in 15 days

The SP500 is down 28% in 16 days

The NASDAQ is down 29.5% in 15 days

In Australian, The XJO (ASX200) is down 20.6% in 15 days

“The world is at severe risk of a global systemic financial meltdown and a severe global depression,” warned Nouriel Roubini, a New York University economist known as “Dr Doom” for his foresight in predicting the crisis.

“The US and advanced economies’ financial systems are now headed towards a near-term systemic financial meltdown as day after day stock markets are in free fall, money markets have shut down while their spreads are skyrocketing, and credit spreads are surging through the roof,” he wrote in his newsletter.
Not the sort of stuff which instills confidence is it?

Save Money on Gasoline with Hypermiling Guide and More

You know that the old saying “A dollar saved is a dollar made” is so true, especially in today’s incredibly inflated high gasoline prices. You can only start building wealth by first learning how to save (there are those fortunate exceptions, but they are truly the exceptions and we the mass, are not one of them) your money and spend less than you earn. Keep as much of your hard earned dollars in your pocket as possible and give away as little as required only.

Anyhow, we all know about the crazy gasoline prices out there so no need to tell you about gas prices any further. They’re too high, and it hurts. Very plain and simple.

Like most of us, you are TIRED of paying SO MUCH MONEY FOR GAS at the gas pump. You are hoping and wishing that gas prices will drop soon! But that isn’t forthcoming anytime in the near future for many reasons which are well documented and commented out there.

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