Friday, September 30, 2011
Stocks crashing may happen in the near future
In this video A BBC insider gives a glimpse of what may happen to the stock market and how people must per pair for the future economic state for better or worse. The European trader does not believe that the European Union will be able to help the stock market. In addition the trader also goes on to discuss how people are pulling out of the stock market, and they are putting it into other forms such as bonds and the US dollar.
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To futher explain this video a reporter in Europe is being questioned regarding the current European Economic crisis. However, the reporter does not believe that what the European Union will be succesful as people are investing less in the stock market. Instead many Euorpean traders are moving their money into bonds as well as the US dollar. However, this trader goes on to make several shoking statements such as that he wishes that there was a recession everyday, but he also wants to help people make money in a bad economy.
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