Market watch: Dow Jones drops approx. 300 points, 4% today. Drops below 7000 points.

[SamuelRSmith]

Kasz216 said:

SciFiBoy said:

segajon said:
you two are confusing me. reap what I sew?????? what

Capitalism, youre country thought the boom would last forever so let the banks get away with all kinds of stupid shit, its youre Governments fault, just like the problem in the UK is our governments fault

Yes.  Because the rest of the world is doing great right now?

The UK is actually in worse shape then the US.

The UK has a much higher debt to on hand currency rate.

Hence why they were considering sueing iceland for the money it owes them.

The UK is one of the few major countries that could suffer the same fate... due to London being such a major trading point world wide.

It has a lot of "Credit" going through the small country.

Luckily i doubt the rest of the world let alone the EU would let it happen... but financials wise.  The UK is worse off.

We could blame it on socialism... but that would be childish.

 

 And also wrong.