Keyword: Lehman Brothers Collapse

Economic Armageddon: The Filthy Rich, Vanishing Middle Class and Desperately Poor! Email Print

That is the U.S. economic nightmare now that the economic bubble burst.  In the Wall Street Journal November 20 Mark Maremont, John Hechinger and Maurice Tamman presented staggering statistics of the huge stock market crash and the millions and billions lost while the filthy rich waltzed away with from the economic meltdown.

Their article explains it all:

"The credit bubble burst.  The economy is tanking.  Investors in the U.S. stock market have lost more than $9 trillion since its peak a year ago.

"But in industries at the center, of the crisis plenty of top officials managed to emerge with substantial fortunes.

Wait... There's more! (898 words in story)