World shares fall on credit fears

World shares fall on credit fears

news.bbc.co.uk

Markets have faltered in Friday trading a day after markets in the US and Europe suffered heavy losses amid fears of a global credit crunch.
By the close of trade in Japan, the Nikkei share index was down 406.5 points, or 2.4%, at 16,764.1.
Japan's central bank followed the European Central Bank in pumping money into the market to boost liquidity.

(visit the link for the full news article)

Oh boy, this is not good...This was top news on BBC a few minutes ago

news.bbc.co.uk
(visit the link for the full news article)

its 5:37 AM east coast USA

check out any International Indices, europe or asia

i use Yahoo; finance.yahoo.com...
most a down in the -hundred area, some -400, one is -700 down
europe is in the -100, pretty much across the board

theterm is lack of liquidity...the truth is there's a lot of worthless 'paper'
out there, & the mad scramble is just beginning

thanks,

Originally posted by St Udio
its 5:37 AM east coast USA

check out any International Indices, europe or asia

i use Yahoo; finance.yahoo.com...
most a down in the -hundred area, some -400, one is -700 down
europe is in the -100, pretty much across the board

theterm is lack of liquidity...the truth is there's a lot of worthless 'paper'
out there, & the mad scramble is just beginning

thanks,

Just checked out your Yahoo finance page....Yeah, those are some scary drops. I am so glad I planted a garden and have stocked up on food and such...Better to be prepared than to be sorry later...

Well this is depressing news.

I was hoping that the markets would bounce back.

Guess this is a good time to buy with the prices so low and all. Now if I only had some money.