Daily Mail: The money markets are slid today folks, the joint pressure of the Euro debt and the US debt has sent the shares downhill. At 5.31 UK time, the FTSE - 100 was down 90.85 and the US Dow Jones was down 163.59. Folks the markets are going to take bigger hits, there is simply to much debt out there, the US and Euro countries have to change the basic structure of their welfare states, they costs are not matched by tax coming in, thus the politicians will have to ask the people, higher taxes for welfare or lower taxes and less of a welfare states, its that simple and stark folks.
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