Thursday, November 10, 2011

Stocks Plunge as Europe Reaches Reckoning

By Douglas V. Gibbs

The stocks dropped yesterday 389 points. More than 3%. The cause? We are being told the financial crisis in Europe had much to do with it.

With Italy driving over a cliff, talks about dissolving the European Union are emerging. Germany is tired of bailing everyone out, and the problems of Greece and Italy are spiraling out of control.

Or could this be from the manipulation of the markets by international bankers?

-- Political Pistachio Conservative News and Commentary

Stocks Plunge as Italy Lurches - Boston Herald

Stocks End Down Over 3% on Euro Zone Fears - CNBC

Market Selloff: 'Contagion Spreading; They've Got to Stop This' - CNBC

European debt crisis spiralling out of control - Guardian U.K.

Italy at Breaking Point, Merkel Calls for 'New Europe' - CNBC

Italy's Woes Signal 'Dangerous Phase' in EU Crisis: El-Erian - CNBC

Greek Unity Deal Is in Disarray Amid Squabbles - Bloomberg

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