I am a regular "Joe" may be not a plumber but a regular average next door guy who is concerned with USA economy. Currently underemployed and with a $ 250 000 in student loans and with a bankruptcy filed not long time ago my passion for the state of the economy arouse ... My purpose is to gather information from different journals and or blogs and help those fellows americans interested in the economy have a broader perception of what really is happening.
The Chinese stock market closed with a drop amid uncertainty of what is going to happen with Greece, Portugal and other southern European countries...investors started selling every stock they thought pertinent...meanwhile USA treasury notes didnt sell as expected falling short...China is trying to avoid a housing market to bubble by asking banks to put more money on reserve ... if China bubble burst and if Europe problem is not fixed expect rippling effects worldwide
The Chinese stock market closed with a drop amid uncertainty of what is going to happen with Greece, Portugal and other southern European countries...investors started selling every stock they thought pertinent...meanwhile USA treasury notes didnt sell as expected falling short...China is trying to avoid a housing market to bubble by asking banks to put more money on reserve ... if China bubble burst and if Europe problem is not fixed expect rippling effects worldwide
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