Ways to Handle Stock Market Losses
May 31, 2006 | Aussie Dave | Comments 0
At approximately 01:00 on Friday, 26 May 2006, unknown gunmen fired shots at the Palestinian Stock Exchange located in the Qasr Hotel building, in the Rafedia Quarter of western Nablus. The attack caused material damage to the exchange. Sources from the stock exchange indicated that the attack was motivated by losses incurred by some individuals, due to the decline in stocks of some companies.
Saudis hit by a recent stock market crash are resorting to car stickers to vent their anger at the wealthy speculators who have been blamed for the decline.The English-language stickers reading “Big Thieves!” show a stock market ticker and the names of some popular listed firms. The bourse has fallen by almost 50 percent since the end of February and up to 9 million out of the 17 million Saudis are thought to have owned shares.
Note: Both these approaches can work very well with the tried and tested “Blame the Jews” approach.
Filed Under: General
About the Author: An Australian immigrant to Israel, Aussie Dave has been blogging since early 2003.
