After nine ominous down days on the stock market, yesterday investors were treated to a 500-point fiscal bungy jump with a worn-out cord that took them on a wild ride to the bottom, slackened and instead of springing back up, whipsawed sickeningly for the next 36 hours. Meanwhile, the investing public had already collapsed into the various stages of Grief: 
Those who weren’t busy grieving and puking ran for the exits… others were caught in the shitstorm:
To add to this week’s rancid, maggot-infested stock market stew, today the business media has been absolutely spastic with frenzied and feverish rumours that the US government is “bracing itself” for an imminent credit downgrade by S&P. The government claims the whole thing is based on a miscalculation — in the trillions. Just a rounding error.
Look out below!
(h/t for video: Cathie from Canada)
