Dow Jones Down: US stock markets slump after rating downgrade
President Barack Obama has defended the American economy, proclaiming the US is nevertheless a triple A country. The markets there don’t appear to be in entire arrangement they’ve adopted the relaxation of the world wide economic climate adhering to Friday’s downgrade of American credit. The Dow Jones has lost more than 4 per cent . RT’s Marina Portnaya are living from New York with the most up-to-date.
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Jobs=resources, no resources=no jobs…I recommend mass suicide or mass war…honestly.
SMART MAN ANSWER: The problem is not the price, is it the value.
S&P is a crisis creator and a war seller instead of an economic rating agency. Credits? What real works they have done about economy other than some rumors spreading magazines with bankers?
just be patient-obamas policies will fix our economy…as long as the Arab spring doesn’t disrupt it…and as long as Japan doesn’t suffer any further problems…and as long as no hurricanes, earthquakes, or volcanoes give us trouble. As long as mother earth doesn’t do what she’s prone to do…and as long as Muslims don’t do what they’re prone to do…as long as no oil spills happen…& no terrorist attacks–& no tea party tricks–then Obamas policies will work. Oh, forget it–we’re screwed.
This old trick the Rothschild are using since waterloo.
Manipulate the market and than buy the best things for some pennys.This crash was far too big to happen by accident.In world there are many interessting and wealthy companies and banks-Rothschilds stooges just bought lots of their stocks for little money.
i keep reading about china owning us and we are doomed and they are taking pages out of the art of war… this country is here because we fought for every inch every mile and we are still fighting today a civil war didnt tear us apart it made us stronger we will fight till the last shot is heard mark my word america is free and nobody can own it or us.
we Really we have the dumbest President in history who spends like a nut job and the economist predict another recession. Odumbo IS THE PROBLEM!
@metaltera86 why should u care bout othe countries when ur own goverment is failing. maybe can sell some weps to them loool. go fix urself is whole lot better, usa is nice country but its not acting the way it should be.
Call me crazy or what you want but i have an idea. I dont like gov. trying to fix the economy because gov. doesnt create jobs. Businesses are the ones that hire. But since people want congress and the president to act why not this? alot dont like the loopholes for corporations. But what if we allow tax breaks for businesses depending on how much they hire in a month? Could that stimulate businesses to hire so they aim at getting tax breaks?
America needs to take care of their own problems before we can take care of other countries. Dont take it the wrong way I think we need to help them but we need to do what will help our country strive ya know.
@69EGA in order to get jobs you must first give the markets confidence. liar? No wrong choice of word. I would instead challenge you with the word, motivater.