..yesterday the Russsian Stock Market dropped 20%! Now, we do not have 20% less oil/wheat/manpower than yesterday, do we?
My real question is, given that the world's natural resources have not changed significantly in the last six months or so, how is it we are all so much poorer - I dont mean in our paypacket, I mean in our pensions, investments etc.
I am very fortunate, my assets are in cash and property (all cash and no property hopefully from Friday!) but many people have been hit hard; lost their investments/jobs etc.
Lana