Oh goody. There will be a world financial summit to institute a new world order will take place on November 15 in the Washington, DC area. At this event, the Europeans while try and throttle capitalism to within an inch of its life. Let’s hope Bush has a little fight left in the waning days of his term.
Stocks are accelerating their losses this morning, down around 300 Dow points pr a bit over 3%. EUR/JPY is sliding along with it.
