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Share collapse

Now that people are withdrawing from the share market in droves and the banks refusing to lend to business as well as themselves will we see a collapse in jobs, firms going to the wall, loss of taxation receipts and eventually leading to a bankrupt government?

rov1200 Mon 06/10/08 10:58

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no.knowledge
Mon 06/10/08
11:00

yes, have you built a nuclear bunker?

i finished mine 3 weeks ago!

rov1200
Mon 06/10/08
14:26

Question Author

???????? Are you on the same wavelength

justmetoo
Mon 06/10/08
14:30

a gloomy thought, but a real one.......I fear...

factor30
Mon 06/10/08
20:06

It's not necessarily the case that people are selling shares in droves. It's more case that no-one is buying so traders reduce share prices hoping to generate activity. Eventually shares reach a price where they become attactive to buyers. Still, it is worrying though- all our pension funds are affected, for example.

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