Bonzer Wolf™ (bonzerwolf) wrote,
Bonzer Wolf™

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If the DOW falls below this number the 2009 DEPRESSION will be very, very long and painful. Recovery will be counted in decades.  

9:15 (CST) DOW briefly falls to 7490- 105 points north of "unrecoverable stall" with catastrophic consequences

10:15 President BO to speak on "mortgage recovery plan" in one hour

3:30 DOW ends at 7555

Catastrophic disaster diverted for one more day...

This level of the DOW would put it below 50% of the October 2007 high and also mark a ten year low. This will result in a prolonged Great Recession at the least and most likely a Depression, resulting in a lost decade.

Tags: economy, obamanation, politics, recession

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