The US markets crashed yet again yesterday with all the three key index numbers going down by over 3%. The crash comes in the wake of reports that the General Motors, the largest automobile company in the world, might be allowed to go under, because the auditors have clearly indicated that there is no scope for the company to survive in the current turmoil. It needs to be seen whether Obama will allow it to die or try to save it by losing billions of tax payers money, which is becoming scarce now.

