Wal-Mart ‘ s the worst accident in 27 years is another sign that the economy is rapidly falling Apart

Now that a severe global recession has begun, you can expect large retailers like Wal-Mart into trouble, because consumer spending dries up, and this is exactly what is happening. On Wednesday, shares of Wal-Mart experienced its largest single-day drop in 27 years after a hugely disappointing earnings projection was released. The stock fell 10 percent, which is the biggest drop since January 1988. More than 21 billion dollars of shareholder wealth was eliminated on Wednesday, and this was just a continuation of a very bad year for shareholders Wal-Mart. In general, the shares had already fallen by …