there have been a lot of good reasons given, but theyve been arround for some time, but the main reason i think is the realisation that the us is planning to go to war with iran and that will mean a real oil shortage
2007-02-27 18:59:47 · 6 answers · asked by Anonymous in Politics & Government ➔ Politics
There was a glitch in the automatic trading software that was reacting to the Asian/European stock markets downturn yesterday. The market will get it all back and more in less than a week....BET ON IT! You heard it here first.
2007-02-27 19:38:43 · answer #1 · answered by Anonymous · 0⤊ 0⤋
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2016-02-16 11:10:46 · answer #2 · answered by ? 3 · 0⤊ 0⤋
No, the US is not going to war with Iran. The people of the US will not stand for Bush to try to start another war.
Rather it is a combination of things all happening at once: China 10% correction in their stock markets, Allen Greenspan saying recession is immenent at a speech over the weekend (seems he cannot stand being out of the spotlight since he retired from the Fed), Cheyney getting in harms way, cold weather putting a strain on oil resources, and finally: the markets are way overdue for a correction.
Still it is very disheartening to see the Dow go down to 540 points in one day and I am wondering what tomorrow will bring but, most likely, people will seize the opportunity to buy cheap tomorrow.
2007-02-27 19:06:10 · answer #3 · answered by Anonymous · 1⤊ 1⤋
As they say in Star Wars, "there has been a major disturbance in the Force." It will of course be difficult, but the challenge will be to see if we can find out what so shook the world that this happened. Something moved alright.
2007-02-27 19:11:17 · answer #4 · answered by michaelsan 6 · 0⤊ 0⤋
The answers you have gotten aren't any good on less the have a BUSH=BAD-WAR tie in. Well congralations, now you have invented an tie in!
2007-02-27 19:25:02 · answer #5 · answered by Boston Mark 5 · 0⤊ 0⤋
just more reason to end oil dependancy and promote the alternatives
2007-02-27 19:04:20 · answer #6 · answered by Anonymous · 0⤊ 1⤋