[quote=SK in CV]Pretty impressive move today. It is now worth approximately 9% of what it was worth August 1, 2008, up from the 7% where it closed yesterday. And up a whopping 680% from where it was in early March, when it was down to less than 1% of its value a year earlier.[/quote]
You’re right…but does that make any sense to you? It’s just bizarre. Banks are failing left and right, a Fed official has just admitted today that real unemployment is 16% and 25% of the stores I drive by every day in West LA are EMPTY.
…And yet the stock market and toxic companies are soaring in price!
I feel as though I’ve entered some alternate reality where black is white and up is down!