DOW fell -325 on USA president Inauguaration day. Yesterday Dow fell -125. Today DOW is -200 now. BBC sources say Microsoft, AT&T, Intel, Motorola will be cutting jobs. Falling giant banks & giant companies" are indicators of approaching massive financial catastrophe which is further loss of $1200 Trillion to the world economy Too bad there is $1,400 Trillion of wealth left to evaporate and will probably only be about $200 Trillion at current values left when all is said and done. The deflationary credit contraction begins. Germany has predicted that its economy will shrink by 2.25% in 2009, which would be its worst performance in the post-World War II era. The downgraded forecast is much lower than the previous prediction of 0.2% growth, made in October. Germany's economy accounts for about a third of eurozone output. Germany is a export power-house for heavy industrial machinery. This means worldwide giant industries are shutting down Goldman Sachs says "0% Interest rate is too high. A new analysis by Goldman Sachs (GS) concludes that the Federal Reserve's cut in the federal funds rate to a record low of zero to 0.25% on Dec. 16 isn't going to be nearly enough to get the economy going again. The report says the Fed would need to reduce the federal funds rate to negative 6% by the end of 2010 to supply the needed amount of monetary stimulus. The problem: It's literally impossible to cut interest rates below zero. As a result, "we are entering a world with interest rates that are far too high for the economy's good," Goldman Chief U.S. Economist Jan Hatzius wrote in a Jan. 16 research note. All this means is that printing money is inevitable with all the consequences that brings. Once the USA and UK does it by the spring or summer the Dollar and Pound will be worth about the same as a baked bean and the country bankrupt. Now the Poll question -: Will DOW fall -2000 in next 10 days because Obama & his team are dancing and having "party time" and making childish decision such as "pay freeze for senior white house staff".