Thursday, August 16, 2007

This thing is more contagious than “Bird Flu”

Global Stocks, High-Yield Currencies Tumble on Credit Crunch

Aug. 16 (Bloomberg) -- Asian stocks plunged the most in a year and the New Zealand dollar had the biggest drop since the 1987 stock market crash as investors fled high-risk assets because of a deepening global credit squeeze.

Posted by steve dee @ 07:17 AM (518 views)
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