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Trend Analysis for AIG

 

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Markets Sink Overseas, Dow Futures Below 7,000

 

Foreign Markets

Stocks were battered overseas Monday, with Tokyo’s Nikkei 225 stock average dropping 288.27, or 3.8 %, to 7,280.15, while Hong Kong’s Hang Seng lost 494.11 points, 3.9 %, to 12,317.46. In Europe, Britain’s FTSE 100 was down 3.89 %, or 148.89 to 3,681.20, Germany’s DAX fell 102.50, 2.67 % to 3,741.24, and France’s CAC 40 lost 3.24 % at 2,614.79, an 87.69 point drop.

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As Capitalism Crumbles, U.S. Taxpayers Pick Up the Pieces

 

by Robert Kiyosaki

As we all know, the world changed drastically on Sept. 11, 2001, when the twin towers of the World Trade Center fell.

This year, on the eve of Sept. 11, the twin towers of Fannie Mae and Freddie Mac crumbled. Then, on Sept. 15, Lehman Brothers and Merrill Lynch disappeared. Actually, that was a triple-tower collapse if you count AIG.

In a few years, the biggest pair of towers will collapse: Social Security and Medicare. Even today, they’re looking shaky. How many ground zeros can we as people, a nation, and a world withstand before we admit something is very wrong with our global financial systems? What will it take to wake us up?


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