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Bad morning in the markets

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Comments

  • tr3mor
    tr3mor Posts: 2,325 Forumite
    Realy wrote: »
    But the good news after inflation my mortgage is the equiverlent of 50p;)
    You're more likely to get deflation.

    :money:
  • Treadmill
    Treadmill Posts: 1,102 Forumite
    Huge debts and Deflation, Merry Christmas
  • ginvzt
    ginvzt Posts: 4,878 Forumite
    1,000 Posts Combo Breaker
    UPDATE: BBC -
    FTSE 100

    4589.19 down -391.06, -7.85% !!!!
    Spring into Spring 2015 - 0.7/12lb
  • Treadmill
    Treadmill Posts: 1,102 Forumite
    Not as bad as Moscow then, trading was suspended there at 15% down. I bet they wish they ad never bothered with capitalism
  • ginvzt
    ginvzt Posts: 4,878 Forumite
    1,000 Posts Combo Breaker
    And Dow Jones is below 10000 mark at 9840!
    Spring into Spring 2015 - 0.7/12lb
  • BettiePage
    BettiePage Posts: 4,627 Forumite
    Treadmill wrote: »
    Not as bad as Moscow then, trading was suspended there at 15% down. I bet they wish they ad never bothered with capitalism
    Link???..................
    Illegitimi non carborundum.
  • mr_magoo_5
    mr_magoo_5 Posts: 175 Forumite
    Treadmill wrote: »
    Huge debts and Deflation, Merry Christmas

    We appear to be breaking lots of records lately,

    unfortunately all the wrong ones!

    I must agree deflation looks on the cards now, with huge debts, it will be with us for quite some time.
    Control is an illusion, chaos is the reality. A successful warrior dances with chaos, and success means simply that one is still alive.
  • ginvzt
    ginvzt Posts: 4,878 Forumite
    1,000 Posts Combo Breaker
    1534: Russia's dollar-denominated RTS stock market closes down 19%, its worst one-day fall on record. The index closes at 866.39 points, down 65% from the all-time high reached in May this year.

    http://newsvote.bbc.co.uk/1/hi/business/7654525.stm
    Spring into Spring 2015 - 0.7/12lb
  • Treadmill
    Treadmill Posts: 1,102 Forumite
    ginvzt wrote: »
    1534: Russia's dollar-denominated RTS stock market closes down 19%, its worst one-day fall on record. The index closes at 866.39 points, down 65% from the all-time high reached in May this year.

    http://newsvote.bbc.co.uk/1/hi/business/7654525.stm

    In a surprise development I have just bought the RTS lock sock and barrel with some change I found down the back of my sofa.
  • blisk
    blisk Posts: 266 Forumite
    Next is hyper inflation !!
This discussion has been closed.
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