Know Before The Rest Of Them

Tight money markets, tumbling stocks and the dollar are expected to heighten worries for investors this week as pressure mounts on central banks facing what looks like the third wave of a global credit crisis.

Last week, money markets tightened to levels not seen since December, when year-end funding problems pushed lending costs higher across the board.

In response, the U.S. Federal Reserve Board unveiled new measures to ease liquidity strains Friday, injecting $200 billion into the banking system, and said it was in close consultation with central bank counterparts.

However, the Fed failed to lift the mood much. Investors, who want to see if any further plan is in the works to prevent a financial market seizure, will probably scrutinize words from major central bankers including Fed officials this week.

Click here for full story.

Now I've posted on this before, and you can view this article as confirmation of our personal views. WE ARE ENTERING A RECESSION...stack your bread, and be prepared to fend for yourself. Position yourself for self-employment. Make moves, don't end up like this fella.