Friday, August 5, 2011
DOUBT HAS BEEN GENERALLY EXPRESSED ABOUT THE EFFORT BEING MADE TO IMPROVE THE ECONOMIC GROWTH AND THE CURRENCIES VALUES IN EUROPE AND THE USA.
Doubt has been general expressed about the effort being made to improve economic growth and the currencies value by the recue packages in both Europe and the USA, when the stock exchange markets in all of Europe the USA and Japan repeatedly plunged to Triple, double, or single digit points below zero early morning today. Some experts have referred to the plunge as attributes of a cute recession in the USA and the debt, or budget deficit crisis of some of the European countries, despite the compromise made in the USA debt ceiling extension and the spending cut. However, the alternative recue effort made early last week by the European Central bank by the exclusion of over nine hundred billion euros in paper money may have rescued the European Union stock exchange markets from the absolute stock market crash in both Europe and the USA early morning today. This could mean the Union between the two major stock exchange markets the German Dax and the New York stock exchange market referred to early as possibly lucrative and fearful to other stock markets around the world have had the opposite result since the Union.
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