The world’s share markets are happier today, as government’s all over the world intervene. George Bush is expected to announce another multi billion dollar bank rescue. It’s a partial nationalisation from an administration that championed deregulation and ‘hands off’ government. A surprise to some, but not to everyone.
Continue reading ‘Talking Points 14th October’
Posts Tagged ‘financial
13
Oct
08
Talking Points 14th October
Things have been looking pretty grim on the US economic front of late: a string of bank failures and mergers, jitters on Wall St, and even the President predicting possible financial panic there if Congress doesn’t act immediately to ease the crisis. Stories of foreclosures and job losses have been filling the press. And of course, what affects the US is likely to affect the rest of the global economy. Is the bad news swamping you? Or have you got ways of staying positive in the face of the onslaught? If so, what are your tips to see the silver lining in every cloud?