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Lots of of hard-working blue-collar workers will get hurt
edition.cnn.com — Dollar slid to a new low against the euro | Dollar dropped to a 12-year low against the yen | U.S. subprime mortgage getting worst | Oil futures hit a new record of $110.70 | Dow Jones keeps falling | UK's FTSE drops | Germany's DAX slipped | France CAC declines | Asian markets tumble | Gold surpassed $1,000 an ounce
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- Joscarfas, on 03/13/2008, -2/+8On top of all that you got got Jamie Dimon, Chairman and Chief Executive of JP Morgan, saying the U.S is in a recession and that financial institutions are only halfway through working through their problems. This situation will be unprecedented.
- Jimmyb207, on 03/13/2008, -2/+4I live in Maine and this has been one of the worst winters I can remember. I've been hearing about people who can no longer afford to heat their homes and are living in cold houses. Today home heating oil is at about $3.75 a gallon and it will continues to rise. When this hits, I can't imagine what is going to happen within the large cities. Hang on...it's going to be a rough one!
- Joscarfas, on 03/13/2008, -2/+4I never thought it would come to this.
- Jimmyb207, on 03/13/2008, -2/+4I live in Maine and this has been one of the worst winters I can remember. I've been hearing about people who can no longer afford to heat their homes and are living in cold houses. Today home heating oil is at about $3.75 a gallon and it will continues to rise. When this hits, I can't imagine what is going to happen within the large cities. Hang on...it's going to be a rough one!
- yellowcakewalk, on 03/13/2008, -6/+6Don't worry, plenty of jobs in the Imperial Occupation Forces. Step right up for the Poverty Draft! Urrrah!
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