World Share Markets

BBC News: Reports on the slump in the World Wide Stock Markets. The causes for the fall are the worries about Sovereign debt world wide, the falling Euro which is based on debt as with the case of Greece and the War threats between South and North Korea. The solutions to these problems are being faced by the new Coalition Government in the UK, thus the stated cuts of 6.2 billion by the Government and the deeper cuts that are expected in the Emergency Budget in June. Thus the UK is dealing with its problems, as for the Euro it is a tougher problem, its a political idea that is sinking due to the debts of Greece, Spain, Italy, Ireland and the UK. If the Euro is to survive then Greece, Spain and Italy have to be thrown out of the Euro or they take themselves out of the system. The Governments of these countries are weak and can not be expected to take the political pressure that will come with deep public spending cuts. If this action is followed then the Euro might have a future. As for the War tensions between South and North Korea it will not lead to War, well with the proviso that the South will never start a War and China should put the brake on North Korea, the communist North a nuclear armed power, thus the South cant take any action, so in less leadership of North Korea has gone nuts the tensions should decrees over the short period, with the proviso that North has not gone bonkers. Lets see how these stories develop folks.