Click to edit Master subtitle style
8/19/11
Online Banking and Bank Rates
Online Banking during Troubling Times is beginning to feel like this is the new norm for the
financial world.
With swings in the stock market moving from a negative 634 up 429 then...
More
Click to edit Master subtitle style
8/19/11
Online Banking and Bank Rates
Online Banking during Troubling Times is beginning to feel like this is the new norm for the
financial world.
With swings in the stock market moving from a negative 634 up 429 then
down again by 520, the stability of the financial world is in turmoil .
The latest turmoil is
worried about the French banks and how deep they are into the problems of the financially
strapped European counties.
The reason the US stock market reacted is they fear this
uneasiness about the French banks could be shifted to the US banks and cause even
more bank failures here.
With the downgrading of the US government, there are only 15 counties in the world with
an AAA credit rating that investors do not have to worry about.
These include Australia,
Austria, Canada, Denmark, Finland, France, Germany, the Isle of Man, Luxembourg,
Netherlands, New Zealand, Norway, Singapore, Sweden, Switzerland and the United
Kingdom.
These countries
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