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Stocks Down Over 4% in Global Sell-Off

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posted on Aug, 4 2011 @ 03:54 PM
link   

www.nytimes.com...




Stocks around the world fell sharply Thursday on intensifying investor fears about a slowdown in global economic growth and worries about Europe’s ongoing debt crisis, which is centered now on Italy and Spain.

Stock market indexes in the United States and Europe dropped more than 4 percent as Japan intervened to weaken its currency and the European Central Bank began buying bonds to try to calm markets.
(visit the link for the full news article)


edit on 4-8-2011 by Maxmars because: (no reason given)




posted on Aug, 4 2011 @ 03:54 PM
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Well, not that I put much stock in the casino antics of the investment world. But since governments seem to, this is an important development.

....


Following accelerating falls over the last two weeks, the stock market is now officially in “correction” territory, defined as a drop of 10 percent to 20 percent since the latest peak.


I know this isn't normal news for us...but it's impact will be felt in upcoming shenanigans... trust me.


(visit the link for the full news article)



posted on Aug, 4 2011 @ 03:56 PM
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Originally posted by Maxmars


Well, not that I put much stock in the casino antics of the investment world. But since governments seem to, this is an important development.

....


Following accelerating falls over the last two weeks, the stock market is now officially in “correction” territory, defined as a drop of 10 percent to 20 percent since the latest peak.


I know this isn't normal news for us...but it's impact will be felt in upcoming shenanigans... trust me.


(visit the link for the full news article)


www.abovetopsecret.com...&addstar=1&on=11981535#pid11981535



posted on Aug, 4 2011 @ 03:57 PM
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reply to post by dreamfox1
 


It is our policy to allow both threads to exist if one is in breaking news.... thanks for redirect, now people who don't normally look in global meltdown will see it too.



posted on Aug, 4 2011 @ 04:19 PM
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reply to post by Maxmars
 


And Logic in that is so now i have to keep track of both Posts?

So therefore im allowed to double post my views in each?, or do i have to link each post in to this post?
edit on 4-8-2011 by TreX-UK because: (no reason given)

edit on 4-8-2011 by TreX-UK because: (no reason given)



posted on Aug, 4 2011 @ 04:21 PM
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Yes the Stock Market had a bad day, but have you seen the price of oil? It is dropping pretty good too.



posted on Aug, 4 2011 @ 04:34 PM
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reply to post by JIMC5499
 


Don't get your hopes up. Since OPEC controls world oil prices they would soon raise the prices so that they can squeeze every last penny from us to compensate for their greed and the incoming Global Economic Crisis.



posted on Aug, 4 2011 @ 04:36 PM
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oil prices may have dropped, but everytime they do, the gas prices don't budge....it's all about corporate greed



posted on Aug, 4 2011 @ 04:51 PM
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It's going to get pretty interesting to see how this plays out over the coming several weeks.

To be on such bumpy ground right on the heels of the debt ceiling deal is NOT a good sign. Makes me wonder how much of that hoopla was genuinely orchestrated like a Broadway play.



posted on Aug, 4 2011 @ 06:03 PM
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Not to be too off topic but it really is foul for the New York Times to use the word Indexes as a plural form of Index, when it is worldly accepted that Indices is the correct spelling!

Just seems vulgar to say Indexes; Americans could use a higher standard when it comes to our top News Journalists in my opinion! Maybe its just me but it sticks out like a typo!

To get back on Topic: Yaaaaaa! The World is finally crashing! They got the debt ceiling to keep Machine running and now they forgot to oil the darn thing with Jobs!



posted on Aug, 4 2011 @ 07:08 PM
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reply to post by Greensage
 


Wanted to give you 2 stars... one for the observation about incompetent journalists and your machine analogy regarding the economy.



posted on Aug, 5 2011 @ 02:22 PM
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Originally posted by moonweed
oil prices may have dropped, but everytime they do, the gas prices don't budge....it's all about corporate greed


Yep. They ought to be flogged over their 3% profit margin.



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