2008


 * 2008**


 * Stock Market Collapses.** It seems as if the U.S. just can't seem to hold up economically for in September the U.S. sees another crash after [[image:http://www.thecrosshairstrader.com/wp-content/uploads/2009/02/oil-barrel.bmp width="137" height="138" align="left"]]the House voted against the bailout bill. Fortunatly the collapse was not tht of the 1987 crash (the Depression). **Oil Prices.** As if the US didn't have enough problems their Oil prices rise past $40 a barrel, but then it seems the U.S. gets catches a break and the prices plunge to a lesser $34 per barrel. **Inflamation and Financial Crisis**. First star [[image:http://www.stephanevangelder.com/uploads/bush-on-financial-crisis.jpg width="156" height="84" align="right"]]with some market instability, add in a little housing market decline, a dried up credit well, put in Inflamation an what do you have? The U.S. Financial Crisis of 2008! Mortgage started to get in trouble, then AIG, and then soon BAM!! Our whole economy is in trouble. The Financial crisis became a huge topic in the upcoming elections for the U.S. the next President would have a pretty big workload coming into office.