The Phaserl


The Market Is Worried Where Economic Growth Is Going To Come From

from Western Journalism:

Today, the DOW Jones Industrial average, at one point, was down about four-hundred points.

What was the reason?

Was it a serious international incident such as the war in Ukraine? Was it worries over the Greek election of a leftist government that will challenge the Germans on paying back all of the money that they owe?

I think it was a much more obvious reason. The global markets are simply worried about economic growth. Now that all of the world’s central banks have about spent all of the quantitative easing bullets, how will the global economy generate jobs?

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