Markets UP

BBC News: Reports a upswing in the stock markets of the US and the UK, the FTSE is up 41.38 and the Dow Jones is up 180.43 at 4pm UK time. Also the costs to Italy and Spain of borrowing has gone down, thanks the European Central Bank. Thus is the crisis over folks, GOD NO, this is a breather, the ECB cant buy Italian and Spanish bonds till the end of the time, these countries have to short out their debt. This means tough austerity measures, the kind of measures that has riots on the streets, yes just like Greece folks. The UK London riots has nothing to do with the economic polices of the Coalition folks, its just individuals chancing their arm, breaking the law, looters are just criminals. In the US it can be argued that that the market has hit bottom, thus good time to buy if you had the money, lets see how long it lasts. But on the whole a good day on the markets folks.