DEEPER STOCK MARKETS PLUNGE IN EUROPE AND THE USA AS ATTRIBUTES OF THE THE USA CONTROVERSIAL DOMESTIC POLICY TO CONCLUDE ITS DEBT CEILING POLICY.

The repeated deeper plunge in the stock markets results in Europe and the USA rated at fifty three points and over a hundred and nineteen points minus respectively shocked the markets, despite the contracts signed by both the governments and the stock markets companies with the banks that have been expected to strengthen the stock markets in Europe and the currencies value. The Union between the German dax and the New York stock markets have been hurt in the third week since the reunion, while The Russian government and the German Government signed agreement on the use of the European Union currency as the reserve currency has been affected, particularly on the Russian side that lends much in the hard currency for specific interest rates. Speculation on the USA controversial domestic policy to conclude its debt ceiling and budget deficit reduction may have attributed to the deeper plunge in both the European markets and the USA stock markets efficient performance.