http://news.bbc.co.uk/2/hi/business/7653868.stm
http://www.bbc.co.uk/blogs/thereporters/robertpeston/2008/10/german_guarantee_lost_in_trans.html
Germany clinches bank rescue deal
European governments are as dazed and confused by the mayhem in the global banking system as most of the rest of us.
/Robert Peston BBC business editor/
What the …. is going on in this world??? First in USA some banks collapsed and now in Europe the banks are in need of national support. Is one of the strongest economy countries, Germany starting to feel the financial downs of the USA?
It’s doubtful that Angela Merkel can do anything to save Germany from debts.
In Europe also other countries decided to gather and set a plan that could help prevent the world’s market crisis. The leaders of strong economy countries such as Germany, Franace, Italy and Britan disagreed with a coordinated US-style bank bail-out and promised to stabilize market in Europe their way.
The whole world’s market is a one big circle. Let’s than wait another week and see if we should be stressed more.
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