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Market Report - GM Woes

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Uploaded by on Mar 7, 2009

ZHANG:
In today's Market Report... Asian stocks are down after a warning from General Motors about bankruptcy drove Wall Street shares to 12-year lows yesterday.

Japan's benchmark Nikkei fell sharply to a four-month low, while its broader index hit a 25-year low as well. Shares in major exporters and banks also fell.

Despite some technology share gains in the region, Sydney and Seoul markets also fell.

Chinese markets, however, fell as short-term speculators took profits on the previous gains this week.

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  • NO MORE PUT IT ON MY credit card those day's are over NO more zero down NO money no buying power the USA is made up of FREE credit but the world is not going to put up with it any more the USA is in so much debt that it will Collapse in two more year's since it as no more PONZI SCHEME CALL SUBPRIME SCHEME BUT THE OTHER BIGGEST SCHEME MADE UP BY USA IS CALL FAKE Democracy No more super Power OR FREE MONEY NO MORE BIG GDP!! double standard <--USA

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