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MARKET MELTDOWN £100billion wiped off FTSE 100 as within minutes as world markets go into freefall
The Sun ^ | 24 Jun 16 | John Pettitt

Posted on 06/24/2016 2:51:23 AM PDT by SkyPilot

MORE than £100billion was wiped off the London FTSE 100 this morning within minutes and the value of the pound crumbled as world markets were gripped by Brexit panic.

The City was facing its third biggest fall of all time, shedding 458 points in a massive selloff, with shares in Barclays and the Royal Bank of Scotland tumbling by around 30 per cent.

Experts warned of more carnage to come with fear gripping world markets seeing Japan briefly shut down and European stock markets all in free fall.

Britain also looked set to lose its triple-A rating after 52 per cent of Brits voted to Leave the EU.


(Excerpt) Read more at thesun.co.uk ...


TOPICS: Business/Economy; Foreign Affairs; Front Page News; Germany; News/Current Events; United Kingdom
KEYWORDS: brexit; brixit; eu; europeanunion; ftse100; germany; markets; nato; soros; unitedkingdom
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To: anton

And the Euro countries markets are losing MUCH more than Britain. Two or more times as much.


61 posted on 06/24/2016 9:23:35 AM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: SkyPilot

[ The world markets will tank, and the Elites will make sure it happens. They are angry and full of spite at the Brexit outcome. ]

Very well could be. Somehow we arrive at that point. I’m glad, though, that GB stood up to the Globalists (as I’m sure you are too).

!/2 the world is fed up with their meddling and their manipulative ways.


62 posted on 06/24/2016 10:23:01 AM PDT by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
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To: SkyPilot

Oh, the humanity! Really.

It was at this level just a few months ago. It will bounce back. This is not the end of the world, people.


63 posted on 06/24/2016 11:56:46 AM PDT by Marie (The vulgarians are at the gate! MAGA!)
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To: All

The sky is falling! No, it’s not. The market is falling. It’s happened before and it’ll happen again.


64 posted on 06/24/2016 2:52:36 PM PDT by VerySadAmerican
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To: Marie; anton
Good luck!

"Today Is The Appetizer For Monday"


65 posted on 06/24/2016 3:41:20 PM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: Lazamataz
Stocks need some deflating. Their prices are absurd.

But, if you listen to the people who want more of your money, the market can hit 20,000 any day now.....

66 posted on 06/24/2016 3:42:39 PM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: dila813
buying opportunity

Unless Monday is just the beginning of the panic. Then, the best situation would be to not buy anything.

67 posted on 06/24/2016 3:44:36 PM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: SkyPilot
Exit poll questions on political ideology say it all:


68 posted on 06/24/2016 3:45:29 PM PDT by SGNA
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To: SkyPilot

We’ll see. I’ve already come across articles about getting into the British real estate market and heard cries of people trying to buy BPS while it’s down.

People see opportunity everywhere and this’ll shake out over time.


69 posted on 06/24/2016 3:49:38 PM PDT by Marie (The vulgarians are at the gate! MAGA!)
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To: Marie
Unless this leads to a global financial re-set this time. Debt. Inflated markets. ZIRP.

The central banks are out of bullets, and everyone knows it.

70 posted on 06/24/2016 3:54:45 PM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: sauropod
Elites like Romney, George Will, and friends will lose a bundle.... anyone got that itty bitty little violin
71 posted on 06/24/2016 9:08:43 PM PDT by GOPJ (When a Muslim terrorist shoots up a gay bar, it's not gun violence.It's Islamic terrorism.Greenfield)
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To: SkyPilot

How can money just evaporate? Unless it’s not worth the paper it’s printed on. Fiat currency! ;-)


72 posted on 06/24/2016 9:10:41 PM PDT by r_barton (GO TRUMP!!!)
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To: Diogenesis

Soros made most of his money intentionally crashing markets.

Don’t know if he got hurt by this or not but if the price of freedom is a few weeks of panic by investors it’s more than worth it.


73 posted on 06/24/2016 9:13:50 PM PDT by HamiltonJay
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To: r_barton
How can money just evaporate?

It's not money that evaporated; the value of stocks declined.

74 posted on 06/24/2016 9:16:32 PM PDT by wideminded
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