2011-08-04 — ninemsn.com.au
We announced in advance this was coming, see Lee Adler's commentary of July 31st, in which he said funding pressures due to reaching a debt deal would culminate in a market downdraft "not seen since fall 2008". Radio Free Wall Street subscribers were privvy to the details.
``The Dow Jones Industrial Average plunged 4.3 per cent on Thursday as global markets melted down over fears of another world economic downturn.''
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