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Why I will never ever understand economics
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Topic: Why I will never ever understand economics (Read 1753 times)
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therealjr
Senior Member
Posts: 2,148
Why I will never ever understand economics
«
on:
June 01, 2012, 07:23:10 PM »
Apparently the uk stockmarket, a listing of British companies, shares in which are mainly owned by British pension funds and Insurance firms ended the day 60 odd points down today. Reason? Worse than expected employment figures. In the U.S.A.!!! How the f*** does that work?
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Fly
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Senior Member
Posts: 8,169
' M8IFY '
Re: Why I will never ever understand economics
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Reply #1 on:
June 01, 2012, 07:26:11 PM »
It's called bullsh1t mate
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chesterfieldchris
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Re: Why I will never ever understand economics
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June 01, 2012, 10:16:59 PM »
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therealjr
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Posts: 2,148
Re: Why I will never ever understand economics
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Reply #3 on:
June 01, 2012, 11:01:09 PM »
which I might understand and sgree with if the USA was not a shrinking market for our exports compared to places like India , Russia and China???
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chesterfieldchris
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Re: Why I will never ever understand economics
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June 01, 2012, 11:20:03 PM »
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k4blades
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Re: Why I will never ever understand economics
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Reply #5 on:
June 02, 2012, 08:20:31 AM »
Its almost guaranteed that on a day when the US stock market falls, the UK market does. When the US market increases, the UK one does.
A lot of it is down to confidence and courage, and there isn't much of that in The City.
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