Traders wait as the Indonesian Stock Exchange closed their trading activities in Jakarta on October 9, 2008. The Indonesian Stock Exchange suspended trading for a second straight day following a drop of more than 10 percent amid a rout in global markets. The exchange suspended trading for only the second time in its history after the main index plunged 10.4 percent. (BAY ISMOYO/AFP/Getty Images)
Economy in question
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The deep troubles plaguing the U.S. financial markets are spreading to the global economy. Midday explores the lastest developments in the U.S. and global economic crisis.
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Tony Barrett: Economics professor at the College of St. Scholastica.
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V.V. Chari: Economics professor at the University of Minesota and advisor to the Federal Reserve Bank in Minneapolis.
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