Post Tagged with: "stock market decline"

October 3, 2011 06:07

Shares fall as Greece says it will miss deficit targets

Share indexes in London, Frankfurt and London opened between 2.5% and 3.5% lower. Asian stocks also fell. – BBC News

August 19, 2011 09:15

There’s never been a plan … world markets in deep crisis says former Obama supporter

“No leadership … I do think its pretty odd the president’s on vacation right now …. the world markets are in deep crisis .. its no joke … this isn’t just an August up and down little blip .. this is a very serious situation.” – Jeffrey Sachs regretting his support for Obama on Morning Joe

August 5, 2011 08:40

“Emotional talk” from Obama helps crash markets

Former Painewebber CEO Don Marron puts much of the blame on Barack for “freezing” consumers and businesses.

August 5, 2011 05:14

“We’re in a depression” – Peter Schiff

“Anyone who was looking for a quick recovery was basically in cloud cuckoo land” says Gillian Tett, US managing editor, Financial Times. “The world is waking up to the fact that there is a process of so called deleveraging going on. That economies and companies and banks still need to cut debt and so do households and that process is going to be brutal and slow.”