LONDON (AP) - Stocks fell sharply worldwide Monday following declines on Wall Street last week amid investor pessimism over the U.S. government's stimulus plan to prevent a recession.
U.S. markets were closed for Martin Luther King Jr. Day, but the downbeat mood from last week's market declines there circled through Europe, Asia and the Americas. Britain's benchmark FTSE-100 slumped 5.5 percent to 5,578.20, France's CAC-40 Index tumbled 6.8 percent to 4,744.15, and Germany's blue-chip DAX 30 plunged 7.2 percent to 6,790.19.
In Asia, India's benchmark stock index tumbled 7.4 percent, while Hong Kong's blue-chip Hang Seng index plummeted 5.5 percent to 23,818.86, its biggest percentage drop since the Sept. 11, 2001, terror attacks.
Canadian stocks fell as well, with the S&P/TSX composite index on the Toronto Stock Exchange down 4 percent in early afternoon trading. In Brazil, stocks plunged...
And as usual, Nary a word on How The Satanic Vatican has been Gold (and Silver; Precious Stones, Wood, Hay and Stubble) Digging for the last 18 Centuries of Human History !
(The last time She Struck Gold was at 9-11 in New York; when She Conspired & Succeeded in Raping The Mafia/Syndicate Gold that Sat In UnderGround Vaults Under The World-Trade-Center/Twin-Towers! *Read Tony Gambino's/Lucky-Luciano's-Grandson's Account & Testimony)
While She's Still sending Her "Jesuits" to Financially & Economically infiltrate and Globally Destablize Nations Internationally/Multinationally; and, to Ultimately Monetarily/ Economically/Financially Control them by manipulated and pre-planned "Stock Markets Plung(ing) Worldwide" !
Let's get to The Root of The Reason Why "Stock Markets Plunge Worldwide"-- & to Whose Door(s) The Blame For All This Financial Fiasco Belongs:
At The Gates of Satan's Seat on Planet Earth . . . . . .
The Gates & Doors of
*Note: For Her Multi-Trillion Dollar (Gold, Silver, Real-Estate, Etc.) Economy is What's Being Injected/Withheld/Used to cause "Stocks (to) fall sharply worldwide Monday following declines on Wall Street last week amid investor pessisism over the U.S. government's stimulus plan to prevent a recession......"
Something that should concern us all is the fact that our money is losing its worth --- Canada's money is worth more than the American Dollar...
Our Dollar is falling in value all over the world ------- why ??? --- I attribute it to the mismanagement of "Our" Government ------ there is no "NICE" way to say it --- those idiots in DC are more concerned with their own welfare than that of "We The People" ------- you hear them tossing around their little *catchphrase*/*slogan* talking about ""CHANGE"" -------- WHAT CHANGE -- SAME GAME -- JUST SOME NEW PLAYERS MIXED WITH THE OLD ONES... -- WHAT A JOKE --- --- NOTHING MORE THAN ""MADCAP MANIA"" RUN AMUCK... --- JUST MAKES ME WANT TO HURL !!!
I'M SICK OF IT --- AREN'T YOU ???
Do these imposters actually think we can't see through their little charade --- or maybe that's the broblem -- FAR TOO MANY DON'T !!!
WE BEST WAKE UP ------- THAT IS --- IF WE WANT TO SEE A NEW DAY DAWN IN OUR LAND !!!
Enough is ** E N O U G H ** already !!!
LET US RETURN TO GOD !!! --- TO HIS HIGHER TRUTH !!! --- THAT WE MIGHT HAVE HIM AS OUR GUARD AND OUR SHIELD !!!
Let's not be too gullible to believe all that is thrown our way. Great measures have been taken to deceive people into believing all is right with the world. To those who deny the end time prophesies, and want to hang on to this world, may God help you.
Dessie, your post--Come quickly Lord Jesus should be our prayer....However, we may have to go through tough times and even a horrible death; but, He will be with us.--Your words are so true. This is just one of multiple things going awry in our world. 2 Tim. 3:1-4 warns, 'But understand this, that in the last days there will come times of difficulty. For people will be lovers of self, lovers of money, proud, arrogant, abusive, disobedient to their parents, ungrateful, unholy, heartless, unappeasable, slanderous, without self control, brutal, not loving good, treacherous, reckless, swollen with conceit, lovers of pleasure rather than lovers of God.' Let's not forget those who will not put up with sound doctrine, as well as a falling away from true, saving faith. This is why Christ tells us to watch and pray. I encourage each and everyone of us to do as the Lord commands. God bless
Pastor Mike wrote: It's the end times, my friends!
Amen!!! Oh how people trust in their riches.... We baby boomers may not even have our social security to depend on...But you know, our God is still in control. No matter what we may face, He will be there for us....
Come quickly Lord Jesus should be our prayer....However, we may have to go through tough times and even a horrible death; but, He will be with us. I am presently watching a Christian family member slowing dying and it is heart breaking; however, I still know that my God is in control..
Pastor Mike wrote: It's the end times, my friends!
Amen Its time for alot of things to end And for the best man, a friend of the groom to defend the honor of the Bride. Enough of allowing the pride of men, no matter what division they bring , to soil Her. Its not about us, ITS ALL about HIM His yoke is easy Woe unto them
Britain, France, Germany, Canada, Asia, Hong Kong, Japan, etc... --- they are all worried and you can bet they are saying "Those stupid Americans -- consumers of all and makers of none -- are going to stop buying all the stuff we import to them"
. The FED has just lowered rates 3/4 of 1 percent --- just a little grease for the wheel to try to keep it turning, but the inevitable is coming --- the bottom is going to fall out...
Bush is going to extend some sort of stimulus package to put $$$ in the hands of those who are living from Paycheck to Paycheck because he knows that money will burn a hole in their pockets...
Taxpayers have been carrying the "ILLIEGAL" IMMIGRANTS in our overcrowded schools, social services, --- you name it ------- they are costing us BIG $$$ --- sense when did mandatory BILINGUAL teaching worm its way into our system ??? --- ENGLISH IS THE LANGUAGE IN AMERICA !!! --- THIS AIN'T "Mexico" --- for those of you who have forgotten --- THIS IS THE U.S.A. --- A SOVEREIGN NATION WITH "BORDERS" --- AND WE HAVE LAWS IN PLACE --- LAWS TO PROTECT US FROM BEING OVERRUN BY "OUTSIDERS"/"ILLEGALS"...
The problem we have here is ***NO BACKBONE*** !!!
A people who have forgotten how to say " N O " !!!
33K is right in terms of economics; the main advantage with "commodity" money is that it's usually difficult to devalue arbitrarily and is valued mainly by market forces, making it harder for govts using it to finance big projects like wars or welfare states. To be sure, gold/silver can change value substantially over time (say a new vein is found or a gov't sells its reserves for some reason), but not so much as the fiat money of Weimar Germany or modern Zimbabwe.
That commodity money was used in Bible times does not make it normative ("is" vs. "ought"). But I do believe govts have an ethical duty not to arbitarily or radically devalue money, whatever it's based upon. Think of a widow's pension or bank account.
33k wrote: Yes, but gold has no intrinsic value either. The value of both gold and greenback, are driven by the price that the willing buyers and sellers in the marketplace choose to give to it. Gold has some industrial usefulness of course, but that's not primarily what drives it's perceived value as you know. "Then Peter said, Silver and gold have I none; but such as I have give I thee: In the name of Jesus Christ of Nazareth rise up and walk."
Amen My point, it is written But you know the Bible does use paying for items in the last days with peices of silver, not sure about gold except Spiritualy speaking, its worthless, pave the street with it.
CLIFF A footballer, I like that. You say the way their going we`ll soon be copying wartime Germany
But your still far behind us, we still put great men of God on our money.
Hi terry, We print our own Ulster Banknotes (the last ¬£5 released had a footballer on the front and was very popular but the way their going we`ll soon be copying wartime Germany and using them for wallpaper.
Cliff Leckey wrote: Seems like the bottom could fall out of the money market some time soon. Perhaps James 5:3. knew something we don`t "Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
Yep Hi Cliff You do know the U S dollar is not worth the Paper its printed on, no gold backing, just more paper. What a concept you share, maybe thats why its that way, cause the Bible said so, good point. We are commanded to Watch Someone in the Bible said something about a loaf of bread costing a days wages, try living in Destin Fl. That could be the sale price soon.
Seems like the bottom could fall out of the money market some time soon. Perhaps James 5:3. knew something we don`t "Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.