Thursday, December 13, 2007

Oh its Northern Rock all over again – but BIGGER!

Stock markets open sharply lower

"Shares in London and the rest of Europe opened sharply lower this morning as traders attempted to assess the impact of yesterday's unprecedented £50bn money market support package from the world's central banks." Its all about confidence, and if the central banks are acting together to shore up confidence that's even more reason to worry!

Posted by sacred contracts @ 10:19 AM (422 views)
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