Stock market jitters? - NOT amateur radio

Stock markets around the world seem to want to tumble.

This may be a correction (and relatively short lived) or the start of a prolonged downturn with interest rates rising after a very long period of historic lows.

Some of our children have no idea of the sorts of interest rates we paid on our mortgages. At one time (1992?) UK interest rates reached 15%. Today, it is borrow, borrow, borrow as money is cheap. These days may be ending.

Chinese stock market losses - NOT amateur radio

We should be afraid of what is happening in China. There, stock market losses are huge in the last month and these will affect China and the West. The article linked shows parallels with the 1929 Wall Street Crash. Worrying. With Greece and China the world is facing another financial crisis.

See http://www.bbc.co.uk/news/business-33440565 .