They have dropped the price of Crude Oil to help bolster Western economies. Had the price of Oil not dropped, then IMHO we would have had a major Stock market Crash last year – 1929 style. Thankfully we have not “Yet” had a Stock Market Crash.

The US employment figures are a figment of the Government’s Imagination. There are record numbers of Americans (over 94 Million) who “stopped” looking for work. Why? Because they could NOT find any….

A new article posted by USA Today, goes into some detail of the stocks which fell in price.

Please click on this line to read the USA Today post titled “Market crash robs $2.3T from investors”.

I just hope that they can continue to drop the price of Crude Oil. That is the only thing which in my opinion is propping everything up.

 

Posted by: Vincent Banial
http://www.uniquelytoronto.com

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