Thursday, August 04, 2011

The Markets TUMBLE

BBC News: Reports on the major slides in Shares in the UK and US, the fault line is the bad US economic news and the sovereign debt crisis in Europe. At close the FTSE-100 was down 191.37, that’s 3% down folks, in the US the Down Jones is down by 4%, nearly 500 hundred points down. The question that has to be asked is what has happened to our politicians, in the UK the House of Commons is in recess, also the US Congress. The UK PM David Cameron and his Deputy Nick Clegg are on holiday and in the US, President Obama is celebrating his birthday, the economic structure of the West is going down the drain and our politicians party, God help us all.

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