Here we go again.
Nearly £74bn was wiped off the value of the FTSE 100 as the UK had its biggest one day fall since March '09
Quote:
|
"George Osborne, the UK’s Chancellor of the Exchequer, has warned that China’s stock market volatility is a “real concern”.
|
This is just day one, I'm sure there's going to be more of them, if those traders really start panicking we're going to have another global crisis on our hands again.
The stock markets have had the jitters for a while, it seems to be hotting up into something a lot bigger, if they don't nip this in the bud now it could get even more serious than the last one. Its not time to batten down the hatches just yet, but as the boy scouts say, "be prepared".