Wednesday, May 23, 2012
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Dow Jones Down: US stock markets slump after rating downgrade


President Barack Obama has defended the American economy, claiming the US is still a triple A country. The markets there don’t seem to be in full agreement they’ve followed the rest of the global economy following Friday’s downgrade of American credit. The Dow Jones has lost more than 4 per cent . RT’s Marina Portnaya live from New York with the latest.


25 Comments

  1. i keep reading about china owning us and we are doomed and they are taking pages out of the art of war… this country is here because we fought for every inch every mile and we are still fighting today a civil war didnt tear us apart it made us stronger we will fight till the last shot is heard mark my word america is free and nobody can own it or us.
    we Really we have the dumbest President in history who spends like a nut job and the economist predict another recession. Odumbo IS THE PROBLEM!

  2. @metaltera86 why should u care bout othe countries when ur own goverment is failing. maybe can sell some weps to them loool. go fix urself is whole lot better, usa is nice country but its not acting the way it should be.

  3. Call me crazy or what you want but i have an idea. I dont like gov. trying to fix the economy because gov. doesnt create jobs. Businesses are the ones that hire. But since people want congress and the president to act why not this? alot dont like the loopholes for corporations. But what if we allow tax breaks for businesses depending on how much they hire in a month? Could that stimulate businesses to hire so they aim at getting tax breaks?

  4. America needs to take care of their own problems before we can take care of other countries. Dont take it the wrong way I think we need to help them but we need to do what will help our country strive ya know.

  5. @69EGA in order to get jobs you must first give the markets confidence. liar? No wrong choice of word. I would instead challenge you with the word, motivater.

  6. @69EGA And you’d prefer that he comes out and says “THE WORLD”S GONE TO HELL!!! QUICK, EVERYONE START LOOTING WHILE YOU STILL CAN!!!!”?

    He said the only thing that he could say to prevent people from panicking.

  7. … unfortunately it’s only the beginning. they will try to treat the disease with the same medicine that caused it, this capital system is dead! I hope more money at workers, less at financial speculators.

  8. What’s up with that girl at 0:24? Her face is so red and oily like she’s angrily holding something in l o l

  9. He said President Bearick Obaum l o l

  10. The problem is the public sector and the government workers are taking to much money. We need the private sector to rise and take control again. Then the middle class will become stable. Thus Not shitty economy. It’s amazing that the public sector get’s so much benefits. That’s the problem.

  11. @bobmarleytv100 I’d totally tap that though.

  12. Shes not human and Barack Obama isnt either hes here to destroy us he a game changer and we America cant do much about it or the NWACP will call out racist on usthats why they elected him!!!

  13. I dislike anything that I do not have open access to….not worth wasting one’s time on…No different then those that are trying to dominate the world….You are their puppets, their serfs of distruction.

  14. I dislike anything that I do not have open access to….not worth wasting one’s time on…

  15. The Currency should be understood deeply. We need to live a Sim City Life in Real Life.

  16. the u.s lowered my credit score, now the world lowered the us credit score, we both need help.

  17. @RagingBull51 well i was talking about “all nations” which includes Canada… but I’m with you on kicking some federal reserve ass. That’s way more important since they have direct ties to the IMF, and last time I checked the IMF is in every major country of N & S America.

  18. until the philosophy which holds one race superior is discredited and abandoned That until there are no longer firstclass and second class citizens of any nation That until the color of a mans skin is of no more significance than the color of his eyesThat until the basic human rights are equally guaranteed to all without regard to race That until that day the dream of lasting peace and world citizenship and the rule of international morality will remain but a fleeting illusion-HAILE SELASSIE I

  19. @xJaysrox i lost me bloody shirt….me bloomers are dark brown bloke…..

  20. Question Video about the London/UK riots on my page!! I want the Youtube communities input!

  21. haha that chick needs to get laid RIGHT NOW!!

  22. @RagingBull51 Actually, the Chinese debt is 89% of GDP, compared to the U.S. 96 percent of GDP. Remember that when the U.S. economy recovers, this will be lower, projected to be 75% in 2015. Also, the U.S. dollar is 6.4 times more valuable than the Chinese Yuan.

  23. @baihbalm are you some what retarded.. What did i write… American $ is virtually worth nothing..

    only country in entire world not in debt ( which is a growing economy ) is china

    Do yourself a favor gather us your fellow amercians, and start knocking and kicking on the federal reserve’s doors.. Cause you should thank them for the outstanding work they’ve done with the $

  24. I love to see London on fire..mmmmmmmm.. :) ))

  25. @69EGA Nobody likes Obama.
    We just want rid of him, and hopefully in the rush to get him out of office, we don’t elect another shitty leader.