Stat o' the Day: $2.5 Trillion

You ever see one of those videos on the news when they dynamite the local sports stadium so they can start building the new one?  The cameraman always cuts after the blast and collapse, you never get to see the good part – pot-bellied Teamsters standing around smoking cigarettes and going “holy sh*t, did you see that?”

Anyway, let’s take a look at the damage wrought by this summer’s mini-crash, which as I write is now in its 11th day…

From Reuters:

More than $2.5 trillion have been wiped off the value of world stocks this week on mounting concerns the global economy is heading toward another recession and Italy and Spain are being engulfed by the euro zone sovereign debt crisis.

The sum wiped off the MSCI All-Country World Index is almost equivalent to the size of the entire French economy.

If only we could lose the actual France.  Just kidding.  No I’m not.  Yes I’m kidding.  Not really.  Kidding.


Sell-off wipes $2.5 trillion off world stocks this week (Reuters)

What's been said:

Discussions found on the web
  1. Eat Verts commented on Sep 21

    … [Trackback]

    […] Find More Info here to that Topic: […]

  2. w88 commented on Sep 21

    … [Trackback]

    […] Find More Information here on that Topic: […]

  3. immediate edge review commented on Sep 29

    … [Trackback]

    […] There you will find 82687 more Info on that Topic: […]

  4. Devops solutions commented on Nov 23

    … [Trackback]

    […] Read More to that Topic: […]

  5. regression testing solutions commented on Nov 28

    … [Trackback]

    […] There you will find 23487 more Info on that Topic: […]

  6. scotiabank sign in canada commented on Dec 04

    … [Trackback]

    […] Read More on to that Topic: […]

  7. bank of montreal online commented on Dec 04

    … [Trackback]

    […] Find More Info here on that Topic: […]

  8. Harold Jahn Canada commented on Dec 19

    … [Trackback]

    […] Info on that Topic: […]

  9. valid cvv2 commented on Jan 12

    … [Trackback]

    […] There you will find 45772 more Information on that Topic: […]

  10. commented on Jan 14

    … [Trackback]

    […] Find More Info here on that Topic: […]

  11. Digital Transformation companies commented on Jan 16

    … [Trackback]

    […] Read More here to that Topic: […]

  12. RIDGID RD80746 manuals commented on Jan 21

    … [Trackback]

    […] Read More Info here on that Topic: […]

  13. AEG HKM76400IB manuals commented on Jan 22

    … [Trackback]

    […] Find More on on that Topic: […]

Read this next.