Put not your trust in shares

BBC reports, "Recession fears weigh on markets
Most stock market indexes are having a second day of losses
Evan Davis analysis
Asian and European share indexes have continued to fall sharply on Tuesday amid fears of a recession in the US leading to a global economic slowdown.
London's FTSE 100 index has had a bumpy day, falling more than 3% at the open. It has since recovered and was recently trading between 1% higher and 1% lower.
Earlier, Asian markets had tumbled with Japan's Nikkei index closing down 5.7%, taking its decline this year to 18%.
Many analysts are predicting indexes could fall further in coming weeks."

It is all built on trust and when trust goes markets collapse. That is why the government backed Northern Rock when it should have gone to the wall as in inefficient bank. There is no solid foundation. Thanks to fractional reserve banking the money does not exist. It is not there. The book says,"Put not your trust in princes." It applies to economies and shares too.