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Finance Crisis: In Graphics

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posted on Oct, 6 2008 @ 09:34 PM
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I came across this article and thought it was a good alternate representation of what is going on in the world


It is shaping up to be one of the most tumultuous times on record in the global financial markets.

The financial landscape is going through a period of upheaval with some major firms folding, other operations merging and a limited number of companies in both the Europe and the US, being rescued at a governmental level.

THE CASUALTIES

As the global financial crisis has worsened, the number of firms to crumble or be bought out has increased.



BAIL-OUT BILL

Governments have spent billions of dollars on rescue packages, led by the US with its $700bn rescue package.




STOCK MARKETS

In London, confidence in the markets fell with news of Bradford and Bingley's nationalization.

Banking shares have been the worst hit by the financial turmoil.

FTSE 100 INDEX: 16 September 2008 - present



In Japan, the main Nikkei index lost 3% in value following news of the failure of the US bail-out plan.

NIKKEI 225 INDEX: 16 September 2008 - present



After the failure of the US bail-out plan, the Dow Jones index lost 770 points, 6.9%, its biggest one-day fall since the present crisis began.



DOW JONES INDUSTRIAL AVERAGE: September 2008 - present



There are more pictures and graphs if you follow the link ... it's a very interesting perspective on the issue ... the other graphs are of commodities and some pretty big shares leading up to the bail-out

Article

[edit on 6-10-2008 by baseball101]




posted on Oct, 6 2008 @ 09:34 PM
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All of which proves to me yet again that

the Protocols of the Elders of Zion

was NO 'hoax' !



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