That's crazytalk. A year tops and they will be making money again.
But that's irrelevant. A companies revenue does not equal its stock value. A company can be losing tons of money yet have an increasing stock value.
We may hit bottom at the bottom of the year. But the problem is the solution to fix this. Other countries are crashing right now and we're close to it. The corruption of the last 8 yrs is coming home to roost. (Remember when this all started with companies like ENRON, YEARS AGO?? )
There will be angry americans taking to the steets and groups of others who will protest madly. It will take a global effort to pool resources and come out of this. In the meantime the rich will be downsized and the wealth spread around for equality of healthcare and dignity.
Like it or Not, you may not have a say.