Stock Market Meltdown !

pioneer

:rotfl: :rotfl: :rotfl:

free4440273

^^^^^^^:t:t:t

Kay_Peel

It's in everyone's interest that the stock market is stable and that companies continue to grow and employ people. A stock market crash has repurcussions outside the City and is likely to affect savers, borrowers, pensioners, employees, tax-payers and service users. That's everyone - except possibly HRH the Prince of Wales and Her Madge-esty.

Sad day and I hope, for all our sakes, it's just a blip and not the beginning of a recession.

Red_Cat

Recessions tend to be gradual, the definition is three quarters of negative growth. What we are experiecing of late is stock market volatility, which is different and can contribute to a recession as it makes people stop spending their money as they think doom is on the horizon.