Reader comments
Stocks fall sharply on consumer spending worries; Dow down nearly 700 points

I am not an economist, i barely passed Econ 101, but I had foreseen these troubling financial times. With the advent of easy credit, I kept asking myself how long will it take for the crash. If our economy is contingent on spending and we are afraid to spend, what is going to ultimately happen? Why do we continually give governmental stewardship to spend?

Choose your story, the one below about how the stocks are going to continue the rally, or this one. The editors may do well to decrease the speculative stories, and stick to reporting actual news-founded on fact.

Um, the earlier story, which was posted way early this morning, was a projection for the week. An advance story.

The latest news is this story, that we are commenting on, about stocks as they are happening now.

Thanks for playing!