Analysis - Grim economic news round-up

[HEXUS]

A summary of what has been a dramatic week for economic news, even by recent standards.

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[j.o.s.h.1408]

how long will it last? people say over a year it will last from now

[kalniel]

Yes probably.

What I don't get is why the UK market is falling less than the european and american markets?

[Scott B]

how long will it last? people say over a year it will last from now

Now there's a question. And the answer is: nobody's got a Scooby Doo.

[j.o.s.h.1408]

Yes probably.

What I don't get is why the UK market is falling less than the european and american markets?

yea thats a strange one. what about asia? are they in recession or is it just uk, USA and germany?

[Scott B]

Maybe it's something to do with the FTSE 100 being more heavily influenced by banking shares, which did a lot (although not all) of their plunging last year.

[3dcandy]

around the world it's actually perceived that we're doing ok!

as our limited manufacturing base shrinks a bit, it's not half as bad as some other countries. usa for example is facing massive housing and manufacturing problems...