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Euro stock markets dropping again.

The FTSE and other Euro stock markets are currently down around 2% today since opening and it's at it's lowest level for a month.

This Eurozone crisis just will not go away.

http://www.bbc.co.uk/news/business/market_data/stockmarket/3/one_month.stm

Is the FTSE going to go below 5000 again just before Christmas?
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Comments

  • I'll do my little bit to try to ease the markets fears.

    EUROZONE LEADERS ARE TALKING ABOUT DOING SOMETHING TO HELP THE DEBT CRISIS, WHILE HAVING A CAPPUCCINO OR TWO.
    THEY DON'T REALLY HAVE A CLUE WHAT TO DO BUT THEY ARE TRYING.


    There, that should help boost the FTSE by a couple of % points. Fickle bas***ds.
  • IronWolf
    IronWolf Posts: 6,426 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I hope so. My portfolio is holding up ok but Ive still got plenty of cash to spend so would prefer a big drop in prices.
    Faith, hope, charity, these three; but the greatest of these is charity.
  • europe is being pulled along by crazed socialists from all countries (like kinnock) who are paid vast amounts to do very little. they will not let this gravy train go under any circumstances and will ride it into oblivion if they need to. europe will never stop unless something hugely drastic happens.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    I'll do my little bit to try to ease the markets fears.

    EUROZONE LEADERS ARE TALKING ABOUT DOING SOMETHING TO HELP THE DEBT CRISIS, WHILE HAVING A CAPPUCCINO OR TWO.
    THEY DON'T REALLY HAVE A CLUE WHAT TO DO BUT THEY ARE TRYING.


    There, that should help boost the FTSE by a couple of % points. Fickle bas***ds.


    buy coffee
  • CLAPTON wrote: »
    buy coffee

    Problem is I'm not a big coffee drinker.
  • wymondham
    wymondham Posts: 6,355 Forumite
    Part of the Furniture 1,000 Posts Photogenic Mortgage-free Glee!
    It's pretty obvious that current leaders don't have a coherent plan on this crisis. It's a bit like a company with too many directors, they like the meetings and drinking coffee and hammering out a plan, but just don't come up with anything viable or anyone willing to do the job!

    I think Europe is going to get everything it deserves.....
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    europe is being pulled along by crazed socialists from all countries

    Italy has just lost a conservative government, Spain has just appointed one.

    Politicians are at fault.
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    Thrugelmir wrote: »
    Italy has just lost a conservative government, Spain has just appointed one.

    Politicians are at fault.

    The financial market people seem to have lost all confidence in the politicians too.

    If it's not Spain it will be something else. These are just symptoms.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Lots of over simplifications in this thread.

    Different leaders with differing political backdrops and individual national populations demanding DIFFERENT things, will of course have a hard time getting consent. There is no simple silver bullet to decades of debt binging.

    I'm all for cutting, problem is at least half the populace are not, so Political leaders are constantly torn in two by 2 opposing groups that claim thier leaders are not listening to THEM.

    I want to keep us out of Europe and like Japan, trade with the world perfectly well alon, no need to be part of some super grouping.
  • Mrs_Bones
    Mrs_Bones Posts: 15,524 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    I don't get the change over of governments in both Greece and Italy. I don't mean the fact that they got rid of previous occupants but I mean all the talk that was happening in the news last week about how these new supposedly not political technocratic people were in theory going to solve many problems. Surely these are the same people who have been partly the cause of the problems in the first place, the same people who let Greece join in the Euro even though it was obvious it shouldn't, bankers who gave loans out unwisely etc. Why does everyone now thing they've got the answers to solve the problems?
    [FONT=&quot]“I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.” ~ Maya Angelou[/FONT][FONT=&quot][/FONT]
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