World stocks shudder as economy jitters take center stage

AP via newsobserver.com ^ | February 11, 2016 | YOUKYUNG LEE

[John W]

SEOUL, South Korea-Stocks shuddered again Thursday, led by a sharp drop in Hong Kong as it caught up with global market turmoil after Lunar New Year holidays. An escalation in tensions between North and South Korea added to a litany of woes for markets that were already flustered by signs of slowing global growth and the slide in oil prices.

ANALYST'S TAKE: "What started in January as mainly China based worries has clearly broadened back out to concerns about global growth," said Shane Oliver, chief economist at AMP Capital in Sydney. He said five fault lines are driving concerns about the global economy: the malaise in emerging markets, the ongoing concerns about waning growth China, the collapse in oil prices, the strong dollar and fears that the global economy could plunge into a recession because of financial market turmoil.

[Mr Apple]

"What started in January as mainly China based worries has clearly broadened back out to concerns about global growth,"

#*^#*%# ing Chinese!

[bert]

bert’s analysis

the fear of fear is driving the worry

if you don’t go out in the rain you won’t get wet

[John W]

Personally I think its never been quite right since it went wrong and Obama’s policies have made it worse. “Hidden” as possible by his sycophants printing money.

[Mr. Jeeves]

A slow crash started when the Fed ended QE and raised rates. It will accelerate from here on.

[trebb]

if you don’t go out in the rain you won’t get wet

On the flip side, if you believe those who claim everything is on solid ground and that there ain't a cloud on the horizon, you may very well take a real soaking....

[Mr Apple]

...the fear of fear is driving the worry

I totally agree!

[DungeonMaster]

Poor Obama could not undo all that was Bush’s fault.

[lucky american]

Bingo. And the band marches on.

[grania]

A lot of it is Bush's fault. Obama could not have succeeded so totally at destroying the US if GWB hadn't set things in motion. GWB ran deficit budgets and his maneuvers contributed to the housing bubble. He increased federal interference in education and health care. He enabled the invasion of the US. He fought Saudi-s Wars. Besides that, after 911, he worked to protect us physically from terrorism but not to protect our economy from global manipulators.

Just keepin' it real.

[central_va]

GWB ran deficit budgets and his maneuvers contributed to the housing bubble.

If you look at the data Bush II in 2007 had almost achieved a balanced budget.

[Psalm 73]

Like watching a slow-motion train wreck - from inside the train....

[grania]

GWB almost achieved a balanced budget? But he led us into wars we couldn't afford that destabilized the middle east, increased Common Core and put in the Pharmaceutical program on Medicare, he introduced quantitative easing which assured the economy would never fully recover, and he enabled the invasion of the US which caused economic and social problems for the middle class.

Even if GWB did almost stabilize the budget, these and other actions guaranteed future deficits.

[John W]

CNBC: Dow futures plunge 300 as Europe tanks; 10-year breaks below 1.6%

[DungeonMaster]

A lot of it is Bush's fault. Obama could not have succeeded so totally at destroying the US if GWB hadn't set things in motion. GWB ran deficit budgets and his maneuvers contributed to the housing bubble. He increased federal interference in education and health care. He enabled the invasion of the US. He fought Saudi-s Wars. Besides that, after 911, he worked to protect us physically from terrorism but not to protect our economy from global manipulators. Just keepin' it real.

Imagine how helpful his presence is going to be for his brother's campaign. I just read somewhere that W is helping now.

Limbaugh was just saying yesterday that if Bush had policies that he believed in and executed for 8 years why would he let "Some lying SOB" rip on them for the following 8 years without saying anything.

Yes, I too am very mad at W for Hussein. I'm just generally too mad to describe how mad I am at politics. I'm putting zero faith in any politician anymore.

[Roman_War_Criminal]

And thanks for keeping it real....

Bush sold us down the river.

[cuban leaf]

This is one of the many reasons I see the current presidential election cycle as changing captains on the titanic. My tag line is more about timing than Obama.

[cuban leaf]

I see Yellen’s comment about raising rates as evidence they’ve kicked the can about as far as they can. When this thing unravels, it will happen at alarming speed.

[cuban leaf]

The ONLY thing W did that I agreed with was invading Iraq. But it was supposed to become our permanent base like Germany and Japan.

[VTenigma]

A slow crash started when the Fed ended QE and raised rates. It will accelerate from here on.

---

Correction: A slow crash started when the Fed monetized our debt.