SPDR S&P 500 (SPY): Foot: Now you know why..... Heard...

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Re: Footquarters post# 37649

Monday, 01/21/2008 7:07:54 AM

Monday, January 21, 2008 7:07:54 AM

Foot:

Now you know why.....

Heard on Bloomberg.... 4.8 Trillion dollars of world market cap is wiped out in less than a month.

The numbers below are for 2000, not sure what it is today...after subprime....

That means....entire Japan+UK or Japan+Germany or
countries 5-10 combined market cap is wiped out.

The world’s 10 largest stock markets by market capitalisation at the end of 2000
(in $ million)

1 United States 15,104,037
2 Japan 3,157,222
3 United Kingdom 2,576,992
4 France 1,446,634
5 Germany 1,270,243
6 Canada 841,385
7 Switzerland 792,316
8 Italy 768,364
9 Netherlands 640,456
10 Hong Kong 623,398

Can you check this out?

Regards.

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