Read this article and comment on what this news means for Europe and for the US.
Article Due May 15th
Tuesday, May 11, 2010
Now What? Europe In Trouble?
Read this article and comment on what this news means for Europe and for the US.
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56 comments:
Its too bad the euro is in so much trouble, considering its effect on the US dollar. If the Euro and europe stock exchange fall then America is going to be hit hard as well. It almost sounds like the recession is going to double dip.
will lest see if europe is going to have a bad economy so that well make as have it bad to
These crises seem to be ongoing. Like I've stated countless times before, the recession is not going to shift from debt and unemployment to excesses in money and a plethora of jobs. The stocks did go down. In my simulated account, my stock went from an all-time high of +22% to +7% in one day! I do admit that I should have sold all my XOM stocks once the oil spill occurred, but alas, I didn't. I quickly sold all my XOM and GOOG stock once it reached that 7% only and hoped for the rest of my stocks to go back up. Thankfully, they did rise once more. The stock market is a risky game to play, even if playing virtually! As for the European situation, we really can't do anything now. We should have bailed out Greece much sooner and maybe these crises could have been avoided, but unfortunately, many countries decided to ignore it. We can only hope for the best now. Hopefully this recession will not last much longer!
mann everywhere is losing money or having trouble making money cause this economy today needs help
from last week the stocks dropped alot but now there stable
maybe other countries are lazy...but what if we get help by other world get money back in shape....?
anyway sound like the world in trouble....!
I think that it is bad that it drop 37 % and when it drop my stocks drop to. :(. hope that it go back up soon
I'm not real good with this economic stuff and understanding it but I don't like it. Seems like everything is always dropping then raising and so on. It would be nice if everything just gets better from all of this nonsense. I hope Europe can recover with the Euro being fine.
The Stock Is A Changing Thing.. Some Days It's Good And Some Days It's Bad.. It Could Change Any Day! We Don't Know What's Going To Happen Tomorrow Or Years From Now But The only Thing We Can Do Is Try To Make It Better.
Euro has stocks dropping and losing a lot of money. They need to figure out how to get their economy back up along with us. Both countries are in financial trouble and need to figure out how to get out of it.
This is terrible! I usually only care about my country/ our country. So you'd say why do you care about this? Well our recession affected many other places. So the euros will have an affect on us as well. So last week i thought the recession was finally ending but it has kind of came back because this will affect us as well. The unemployment rate may drop or say as it is now. And its bad enough now. So the euro will affect the American dollar.
with all that is going on the recession might fall again.
the us and europe stock exchange are tide together and if one falls the other will be hit hard to.
So that mean an everywhere the economic is going bad but the economic is alway change so just give sometime and hope that going better, if not happen the work is go be an recession.
i agree with anthony H, if europe's economy drops then here goes the u.s. back in the ditch agian. its an on going thing..
Their are to many issues going on, like the unemployment ,and people loosing home. what has happened to the world i think everything is falling apart. i think the U.S. has to many problems and like anthony said if the european stock exchange fall then america is going to be hit hard as well. these problems are just on going i hope we all find a solution to this
I think it is bad that the euro is in so much trouble because when they in trouble the U.S is in trouble from all the recession we have been in we really gonna be in trouble an our economy is already kinda bad but lets see if euro will get badder.
The stocks change everyday. Nobody can help that. One day they could be doing amazing and then the next they sky rocketing downward. It just depends on what's happening in the economy at the moment.
Well if it hits europe badly then it will hit the US just as bad. Cause then there economy ends up bad and that effects the goods we send to them and get from them. So inless they can fix this before it ends up to bad then we are also going to get hit with it. So we need to do something to help them out so in the long run it don't effect us. Cause then they start to lose money and so do we from everything. So if we can help we need to do that as soon as we can so it don't hurt us.
That is bad that is has droppped 37%. Our recession is starting to take other countries down with us.
If the value of the euro dollar and the stock fall it will also hit America as well. Even though it may take some time for this to happen, it eventually will.
This is almost like a domino affect. The U.S economy goes down and it takes others along with it. Ofcourse now that we were finally gaining some ground Europe has to get in trouble and there's no doubt that we'll probably get mixed up with it.
This is almost like a domino affect. The U.S economy goes down and it takes others along with it. Ofcourse now that we were finally gaining some ground Europe has to get in trouble and there's no doubt that we'll probably get mixed up with it.
Seeing how europe is a big exchange partner with the U.S., them too going into financial trouble will only hurt the U.S. even more. But you never know we'll just have to wait an see.
Its a crises and it look like its not going to get any better if everyone is in trouble.
Its obvious that once the European Stock Exchange falls its going to take a major hit on America. We have already probably noticed the increased drop in our stocks, in the game we play. I think that this recession may have the worst of the worse soon if Europe goes under.
europe should do something for their country. they are going to go down were they would go bank rupt.
SO what's going on is that things are looking good for Europe and that market trade should go up. Although our last prediction was short some still hold their heads up high. But there seems to be a side story going on with China and them trying to cool down their own banking. Which is a problem cause it could effect us and hurt Europe while they're getting back on their feet. I think we'll be okay though. Like Kieth walter said "... Today was more important then yesterday"
I think the economy needs to much help and if it doesn't get help it's going to effect the US dollar.
I agree with with M.Hackney5. If it's bad in Euro, then it's going to be twice as bad in the U.S. It seems it's going to take a VERY long time to get out of this recession.
I agree with AnthonyH because it is true that it is too bad tht europe is in too much trouble.
I agree with alan we should have tried to bail out greece much sooner. The euro has a large effect on the US dollar and that means trouble for us.
The Dow being up 61.2 percent during the past year tells us how effective the federal reserve has been at supporting markets, not how successful the recovery has been. The patient (economy) is still on life support. Take that away and we are dead. When interest rates start rising the true health of the economy will be exposed. We need to develop better indicators and not use old formulas that are subject to government tinkering. Wishful thinking is just that.
the recession is not going to turn around as fast as people want it to it will take some time. Having to bailout greece has hurt the economy and the stock market. like Alan said that if we would have helped them sooner it might not have been as bad as it is now. With the euro in trouble it is hurting the us dollar.
Europe in trouble is a huge downturn for the us stock market. US and Europe are tied together in stock and for trade, so when one falls the other does too.
If Europe is in trouble that can only hurt us. We are just trying to get out of our recession and if they slip into one we might also fall back into one. Stocks are already beginning to go down again.
The stocks are unpredictable. it's hard to detarmin what actually be up or down. I would know what to do if I invested a lot into one stock and for it to drop all of a sudden.
Europe's economy has become frighteningly bad. Due to the United States close ties in trade with Europe, this could affect our economy at this crucial time. The dollar has risen against the Euro, which is a sure sign that they are in trouble.
Yes Europe is in trouble. Europe has stocks dropping and they are losing a lot of money. Unemployment is rising a lot and Europe is in a lot of trouble.
everything is tied together hand and hand. kinda like a domino effect. hopefully all of us can get our stuff together; spending money more carefully an efficient
The recession can not just up and end. Us not helping Greece has caused hurt on us and the European countries. For Europe to recover from this they must cut back on spendings to rebuild the euro. This will slow the recovery because that can be really hard to accomplish.
Europe and the United States are very nit together. The fact that the dollar is now worth more then the Euro is a sure sign of trouble up ahead. I have a feeling this economicly will take us back down to where we were.
With the euro's value going down and the U.S dollar now higher. We need to help them out with the problem. We are a world economy, so if one nation stuggles we all do.
Europe stands to bounce back if they can get the weaker countries up and running. And a happy European Union will hopefully make a happy America, if all goes well.
As the euro dollar drops our dollar will do the same. Maybe not as much but it will. The stock falls in E
Europe, it will do just that for America too.
Due to the economy of the weaker European nations all of europe and the american economies could dwindle. We need a world wide universal currency maybe that would be beneficial to the worlds economy.
With Europe in trouble, it might hurt America with its chance of completely recovering from the recession. They just need to get the smaller countries up and back in the recovery. If they do go deeper into the recession, then it will defentaly ruin our chance of a complete recovery.
The stocks change everyday and what people dont realize is what happens here effects the whole world just like with europe... we do alot of trading with them so if something happens to there stock market it effects our trading and that may effect our stock market
with the stocks always changing. i don't understand why people still risky so much money into it. with this happening to the euro what is next.
i believe that while the recent drop in Europe's economy has given us a slight rise in our stock i do believe that in the long run this will catch up to us and we will eventually follow which ever way their economy goes because of the fact that our money and their money are so similar.
The fact that Europe is in so much trouble economically. It's bad and Investors have been concerned that problems in weaker European countries would disrupt a global economic recovery.
With Europe in so much trouble, it puts the U.S. at risk with getting more and more in debt. Lets hope Europe dont get into anymore trouble for the U.S' sake.
If europe is going down hill it will affect us negativley more than we can imagine. We import so many things over from europe so all it can do is negativley affect us. We are still in a recession so it will bring our economy down even more than we are now.
Its too bad the euro is in so much trouble, considering its effect on the US dollar. Euro has stocks dropping and losing a lot of money. They need to figure out how to get their economy back up.
Europe's economy has become frighteningly bad. Due to the United States close ties in trade with Europe, this could affect our economy at this crucial time. The dollar has risen against the Euro, which is a sure sign that they are in trouble. We should have bailed out Greece much sooner and maybe these crises could have been avoided, but unfortunately, many countries decided to ignore it.
The crisis just seem to be going one right after the other. Even with people trying to make this better. I mean the unemployment is just going to stay the way it is right now. Not just totally change that quick. When i was playing the game my stocks actually stayed at a steady increasing pace. And i was pretty shocked. I think my stacks did pretty good.
Europe's economy is in trouble and since we have close ties with them through trade and the UN it's going to effect us greatly. Greece was already in trouble and now that Europe as a whole is having trouble with their economy it's not looking very good for the United States.
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