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Black Monday


TheCountOfNowhere

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From BBC (so late):

FTSE 100 5102.58 Down -189.45 -3.58%

Dax 5246.18 Down -292.15 -5.28%

Cac 40 2999.54 Down -148.99 -4.73%

Dow Jones 11240.26 Down -253.31 -2.20%

Nasdaq 2480.33 Down -65.71 -2.58%

BBC Global 30 5192.01 Down -63.43 -1.21%

:blink:

DOW and NASDAQ figures are not for today.

DAX is down 30% from peak :o

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Don't RBS have about £3.4 trllion in assets and our GDP is worth £1.2 trillion?

The government owns 87% of RBS

How much GDP have we lost today? About 35%? 1.2t / (3.4t * .1232)

If it goes up 0.2% next quarter it's not very useful is it?

Not sure that calc is right - should be NET assets (i.e. net of liabilities)

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