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Message Subject ANOTHER RED DAY IN THE MARKETS!!! DOW FUTURES -100!!!
Poster Handle Anonymous Coward
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So the timing is just a coincidence?
 Quoting: Rising Son


Daily gyrations with a trend downwards. The markets have no appetite for austerity. After all, which business owner wants to be operating in an austere economy. So all this talk of austerity is basically driven by a need to drive down wages but is also tempered by the need to ensure that consumers are not pauperised.

But then again, you don't own a business so this is probably all too hard for you to grasp.
 Quoting: Marxist


Austerity - the policy of a government cutting spending by reducing benefits and entitlements? I believe you are comparing governmental economic policies with free market. Of course, I don't own a business so I'm too dumb to understand, right?
 Quoting: Rising Son


Exactly. Do you think a business owner cares where his profits come from. Oh yeah, I can see him standing at the door to his mall saying, no benefit spenders please. God, are you people that stupid!!
 Quoting: Marxist


I think you find putting together a simple coherent train of thought hard to grasp. Businesses don't care where the money comes from, yet you blame "Austerity" for the downward trend?

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