How does that goofy Disney song go? "It's a small world, after all..."Well, today's stock market plunge of nearly 800 points proves that point. It is a small world and we're in the midst of a full-blown global economic crisis.Yes, the market rebounded but the panic-fueled free fall was triggered by news that major European nations are taking drastic measures to stabilize their financial institutions and economies. Among them: Austria, England, Iceland, Sweden and Germany.But wait! There's more to come.Europe is beginning to look a lot like Wall Street and not in a good way.Many major European investment banks are as highly leveraged as the our now brain-dead investment houses (aka Bear Stearns and Lehman Brothers), according to a recent Fortune magazine story.More disturbing, these stock market gyrations aren't going to ease...
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