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Sunday, August 07, 2011

Rough Week: $2.5 Trillion Wiped Off Value Of World Stocks



LONDON — More than $2.5 trillion have been wiped off the value of world stocks this week on mounting concerns the global economy is heading toward another recession and Italy and Spain are being engulfed by the euro zone sovereign debt crisis.

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Sum is almost equivalent to the size of the entire French economy

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1 comment:

  1. AnonymousAugust 7, 2011 at 4:56 PM

    All of this manipulation can occur with electronic buys and sells by computer programs. The stock market is thus manipulated by computer programs written to benefit a particular group of inside power mongers.

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