What price… US$700 billion?

In rejecting a plan to inject US$700 billion to save Wall Street, Congress managed to wipe off more than US$1 trillion in market value from the Dow Jones Index, and millions and billions from stock markets worldwide.

Well, we can argue that the US$1 trillion wiped off Dow is “paper money”, but it’s money all the same. 

What price, America? It seems regardless of which option, you are caught between a rock and a hard place.


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