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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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To: carranza2 who wrote (40441)	9/27/2008 5:12:36 AM
From: Haim R. Branisteanu	Read Replies (3) of 219995

Markets face major crash if US bail-out plan collapses (I personally do not believe in this prediction) London shares could lose a fifth of their value and the money market faces collapse unless US politicians succeed with their financial bail-out plan, it has been warned. The Bank ordered drastic measures to prevent the City’s money markets collapsing, organising a £40bn auction of medium-term funds for Monday. Experts warned that unless the unusually large offering reignites the interbank markets that underpin the entire financial system, the Government may be forced into a US-style bail-out of its own. One senior money market trader said: “If the US bail-out fails this weekend, I don’t know if there’s any point coming in on Monday.” telegraph.co.uk

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