October 8, 2008 General 0

FOXNews.com – Japan’s Nikkei Takes Biggest Dive in Two Decades; Markets in Asia, Europe Plunge – International News | News of the World | Middle East News | Europe News.

I don’t know how bad it’s going to be..but central banks all over the world ar now using pretty much the same strategy,  pump billions into their respective markets either directly or by slashing interest rates.  However with confidence in banks being rightfully low this extra hyperinflation by the central banks isn’t going to help much if any. Like i posted earlier get out of variable rate debts as fast as you can.