"The fundamentals of our economy are strong"

[Antitrust32]

"There's tremendous turmoil in our financial markets and on Wall Street," McCain said. "People are frightened by these events. Our economy, I think still, the fundamentals of our economy are strong. But these are very, very difficult times."

That is what John McCain said... if you go back to my previous post about what he meant by "fundamentals of our economy", how is he wrong?