Selloff descends into a rout in South Korea with biggest one-day drop since
2008
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The KOSPI has shed 20% in two trading sessions as excess leverage triggers
margins calls and forced liquidation of positions by retail investors
36 minutes ago
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Seed Newsvine
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If the rich members of the zone are wary of committing their own money to support the euro, why should they expect private investors to do so? The debt burden of Greece, Italy and other euro zone countries is so huge, and the economic weaknesses of these nations so daunting, that it is simply impossible to address the problems in any reasonable period of time.
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