Fears send markets into freefall

[charitynjw]

http://uk.news.yahoo.com/fears-send-...042915070.html

[pompeyfaith]

Re: Fears send markets into freefall

And still falling on opening today and not too mention the latest bank losses pretty bleak A financial and economic tsunami and as they say you cannot stop a ball rolling down a hill.

[garlok]

Re: Fears send markets into freefall

Hi guys,

This is always the problem when the "money" is not real money and is only created and removed at the stroke of an accountant's pen. We have learned nothing from the Great Depression of the 20s and 30s of the last century when the likes of casino bankers Joseph Kennedy and his crummy grubby mates condemned millions world wide to a life of misery for the pure pursuit of their own greed. Here we are again second time in a couple of years.

Do not be fooled, our own son worked "in the City" and NONE of this is a free market its ALL bovine excreta. Commodities are often sold and bought several times over whilst the markets are closed to manipulate the prices for market opening the next day, usually using unlawfully client account monies.

Intrinsically the value of companies actually doesn't change. They still have the same plant, they still have the same skills inherent in their workforce, they still have the same property and capacity to produce goods. For example is your washing machine ( assuming it is working) of any less value to you just because some legalised crooked charlatan is looking at his quarterly bonus? Be assured my friends that is what we have sunk to.

regards
Garlok