It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
NEW YORK (AP) — Growing concerns about a slowdown in China shook markets around the world on Friday, driving the U.S. stock market to its biggest drop in nearly four years.
The rout started in Asia and quickly spread to Europe, battering major markets in Germany and France. In the U.S., the selling started early and never let up. Investors ditched beaten-down oil companies, as well as Netflix, Apple and other technology darlings. Oil plunged below $40 for the first time since the financial crisis, and government bonds rallied as investors raced into hiding spots.
originally posted by: dawnstar
the silence on it is kind of disconcerting???
oh well, those who have no money can't really lose much money I guess...
You are wrong there. Just look to 2008. that collapse took jobs and companies galore. The next crash is supposed to make that one look tame. Think no government aid....
originally posted by: dawnstar
the silence on it is kind of disconcerting???
oh well, those who have no money can't really lose much money I guess...
Total Public Debt
Subject to Limit $ 18,112,975 $ 18,112,975 $ 18,112,975 $ 17,781,107
Statutory Debt Limit $ 18,113,000 $ 18,113,000 $ 18,113,000 *
*Statutory debt limit temporarily suspended through March 15, 2015.
As of March 16, 2015 the debt limit was increased to $18,113,000,080,959.35.
DAILY TREASURY STATEMENT -- Thursday, August 20, 2015
And we're all on life support. Wonder who is going to pull the plug?
originally posted by: dawnstar
a reply to: ketsuko
don't really have one of them critters either.....
I'm wondering if that isn't what happened, too many buyers stopped buying-- you don't buy if you don't have money, and they are finally realizing that the whole thing is rippling down to even those countries that manufacture along with those that provide the natural resources.
isn't this global economy just grand?? we start with a mild cold and well by the time it's all done and said the whole world has Pneumonia.