Video: Grim news keeps on coming

Video: Grim news keeps on coming

There's more grim news from the United States economy overnight. Jobless claims rose to a record level and job losses in 2008 totalled 2.8 million. There's also talk Barack Obama will announce a big new bank bailout as the losses head towards US$2.2 trillion. This suggests the Credit Crunch is only half way through. Your view?

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