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This week has been brutal for stocks, with investors losing faith in the economy and political leaders around the world. The Dow is on track for its worst weekly performance since October 2008.
Investors were taking a step back on Friday. Stocks were mixed in the early going, and even the losses were not nearly as ugly as they have been for most of the week.
Originally posted by SeekerofTruth101
The G20 leaders had claimed that they will 'do all it takes' to ensure EU and its states survives and end the turmoil in the stock markets, and thus, many stock market casino gamblers seemed to had bought that statement.
What that statement from G20 meant is that AUSTERITY MEASURES WILL BE ENFORCED, FORCEFULLY UPON CITIZENS, regardless whether the citizens likes it or not, and WILL BE PUNISHED SEVERELY if they resist, just like what UK had been inhumanely doing to its own citizens and soon to ramp up more.
The europeans and their future generations will NOT be working for themselves or the State, but only for the banks, because every penny and revenue earned GOES INTO SERVICING DEBTS!!!! Euro states are not self sufficient in resources or human capital unlike USA or Australia, and those debts were incurred by clueless govs and conniving banksters, not the People whom had trusted their leaders to make the decisions.
Guess the whips by their leaders will out soon.
At the end of the day, free euro citizens must ask themselves, are they getting a recovery,....or slavery instead? Are their leaders serving the sovereign people in democratic states, or.....serving banks in a supposed capitalist society where no biz enterprise is 'too big' to fall?
Investors hold out hope for Greece