Stockmarkets plunge as evidence emerges of worsening economic conditions (economist.com) 10 points by portfolioexec 17y ago ↗ HN
[–] DenisM 17y ago ↗ There are two feedback loops that need to unwind:1. low consumer confidence->revenue drop->loayoffs->low consumer confidence2. US market->world markets->US markets.Both of these feedback loops will feed on themselves for a few iteration before the show is over.It has only begun.
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[ 3.3 ms ] story [ 10.3 ms ] thread1. low consumer confidence->revenue drop->loayoffs->low consumer confidence
2. US market->world markets->US markets.
Both of these feedback loops will feed on themselves for a few iteration before the show is over.
It has only begun.