I just mostly posted this on my blog so I can remember to look at it later. It is about the financial crisis and recession that started late 2007/early 2008. This recession seems to keep going and going and from what I have observed so far in the past three to four years, it is one of the worst financial crunches (not only locally but worldwide) since the Great Depression.
US markets fall sharply after S&P downgrade - Yahoo! Finance
2008 Redo? History Doesn’t Repeat, But It Often Rhymes Daily Ticker - Yahoo! Finance