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Archive for April, 2009

Why Financial Markets Crashed Globally (The Downfall)

Posted on April 21st, 2009 by Gary

They take their business overseas, thus extending the reach of Wall Street beyond the country’s borders even if it were so discrete, with little mention of any Wall Street Connections. The markets became unstable and investors began to pullout their money, these financial institutions react by pulling their foreign investments in, so suddenly these businesses rarely had ample time to get alternative funding. They turn to their government who borrows more form the IMF and from other bigger banks including foreign. The market continues to crash back home and more cash is pulled out of circulation till there is none, the only beneficiaries, the biggest investors for they had so much of a stake they kept up to the minute tabs on their investments, pulling out at the slightest hint of such a disaster. Read the rest of this entry »