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Momentary Freefall: Europe's Getting Crushed (again) [NOT News]
090511

Posted on 09/05/2011 7:08:42 AM PDT by the invisib1e hand

DAX -3%

FTSE - 5%

It's a freefall at the moment.


TOPICS: Business/Economy
KEYWORDS: crushed; dax; downwardspiral; ftse; septemberblues
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To: the invisib1e hand

germany will bail them out.


Maybe the German govt will, but the German electorate is starting to balk. This is a problem.


41 posted on 09/05/2011 9:48:16 AM PDT by cornfedcowboy (Trust in God, but empty the clip.)
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To: LibLieSlayer
"Buy the stuff that will survive the coming times... good advice."


42 posted on 09/05/2011 9:49:29 AM PDT by blam
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To: the invisib1e hand

They closed a lot worse:

http://www.bloomberg.com/markets/stocks/futures/

Now, Dow futures down 200+, S&P 500 Futures down 36.

Maybe the US market will continue going down this week to officially inform 0b0z0 that ANOTHER SPEECH loaded with stimulus and revenue won’t cut it because it won’t do anything as already proven and the added attraction of not passing the House.


43 posted on 09/05/2011 10:10:16 AM PDT by melancholy (0b0z0's '12 campaign slogan: Read My Lips, Nooo...Newwww...Joooobs.)
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To: blam

g’luck with that, champ.


44 posted on 09/05/2011 10:28:43 AM PDT by the invisib1e hand (non-union thug.)
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To: the invisib1e hand

Okay, bub.


45 posted on 09/05/2011 10:30:08 AM PDT by blam
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To: cornfedcowboy
Maybe the German govt will, but the German electorate is starting to balk. This is a problem.

A mere formality.

Tell me -- think it through: what choice is there? Do you think the DAX is tanking because they're not going to bail them out?

46 posted on 09/05/2011 10:41:09 AM PDT by the invisib1e hand (non-union thug.)
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To: blam

let us know how it goes, pally.


47 posted on 09/05/2011 10:41:55 AM PDT by the invisib1e hand (non-union thug.)
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To: cornfedcowboy
The German taxpayers are sick of supporting a bunch of Mediterranean bums.The Germans have a saying,"Everything south of Rome is Africa." Merkel had better be careful or she's going to be shown the door.
48 posted on 09/05/2011 10:46:10 AM PDT by Farmer Dean (stop worrying about what they want to do to you,start thinking about what you want to do to them)
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To: AceMineral
Too bad they don’t have Labor Day in Europe.

At least they're not hypocrites in that regard.

49 posted on 09/05/2011 10:46:54 AM PDT by the invisib1e hand (non-union thug.)
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To: the invisib1e hand

You bet, chump.


50 posted on 09/05/2011 11:23:35 AM PDT by blam
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To: AceMineral
Too bad they don’t have Labor Day in Europe.

Isn't it on May 1st

51 posted on 09/05/2011 2:56:35 PM PDT by qam1 (There's been a huge party. All plates and the bottles are empty, all that's left is the bill to pay)
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To: the invisib1e hand

Tell me — think it through: what choice is there? Do you think the DAX is tanking because they’re not going to bail them out?


Like I said, the political ramifications for the German government may trump the effort to bail out the EURO. IMHO.
European countries are still democratically governed, well, sort of.


52 posted on 09/05/2011 5:44:51 PM PDT by cornfedcowboy (Trust in God, but empty the clip.)
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To: cornfedcowboy
Like I said, the political ramifications for the German government may trump the effort to bail out the EURO. IMHO. European countries are still democratically governed, well, sort of.

Majority = PIIGs + IMF; minority = Germany, France.

53 posted on 09/06/2011 7:17:41 AM PDT by the invisib1e hand (non-union thug.)
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