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#165871 - 10th Aug 2007 7:04pm World Market Struggling
MattLFC Offline
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Registered: 14th Aug 2004
Posts: 22315
Loc: Moreton/Beirut/Mobile
Originally Posted By: BBC News
Global stock markets have been under pressure for a second day amid fears that problems in the US mortgage market will prompt a worldwide credit crunch.

Billions of dollars were wiped off share values, affecting businesses and individual investors alike.

New York's main Dow Jones share index fell 60.89 points, 0.5%, to 13,209.79.

London's FTSE 100 share index had its worst day in more than four years, losing 3.7%. The Paris Cac index fell 3.1% and Germany's main Dax fell 1.4%.

Analysts say the crisis could make it harder for banks, firms and consumers to get access to loans and cash.

Wooooohooooo doomsday for all the people in the western world, especially the UK and US, who have been borrowing recklessly to live far beyond their means is one big step closer.

grin

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#165964 - 11th Aug 2007 8:54am Re: World Market Struggling [Re: MattLFC]
jonah Offline
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Registered: 29th Nov 2006
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Loc: 1313 Mockingbird Lane, I live ...
Originally Posted By: MattLFC

Wooooohooooo doomsday for all the people in the western world, especially the UK and US, who have been borrowing recklessly to live far beyond their means is one big step closer.

grin

well arent u captain happy then.. raftl
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#166001 - 11th Aug 2007 2:01pm Re: World Market Struggling [Re: jonah]
MattLFC Offline
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Registered: 14th Aug 2004
Posts: 22315
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lol only cos i been predicting it for the last 2 years haha! Within the next 5 years I rekon it will go boom!

grin

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#166120 - 12th Aug 2007 9:17am Re: World Market Struggling [Re: MattLFC]
jonah Offline
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Registered: 29th Nov 2006
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Originally Posted By: MattLFC
lol only cos i been predicting it for the last 2 years haha! Within the next 5 years I rekon it will go boom!

grin

ok then, any idea on the lottery numbers for wednesday then...? raftl
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"WELL MY NUTS ARE HALFWAY UP MY ASS, BUT OTHER THAN THAT I'M PERFECT.....! "

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#166148 - 12th Aug 2007 2:51pm Re: World Market Struggling [Re: jonah]
MattLFC Offline
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Registered: 14th Aug 2004
Posts: 22315
Loc: Moreton/Beirut/Mobile
lmao if i did, id tell ya haha

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#166166 - 12th Aug 2007 6:14pm Re: World Market Struggling [Re: MattLFC]
jonah Offline
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still waiting o oraclematt ! shifty
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"WELL MY NUTS ARE HALFWAY UP MY ASS, BUT OTHER THAN THAT I'M PERFECT.....! "

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#166221 - 12th Aug 2007 10:45pm Re: World Market Struggling [Re: jonah]
MattLFC Offline
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Registered: 14th Aug 2004
Posts: 22315
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lol grin

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