Een van de talloze dakloze bedelaars in het zakendistrict van San Francisco, in een land waar 1 procent van de bevolking meer dan 40 procent van alle rijkdommen bezit.
De Guardian bericht:
'US retail fears and weak dollar send stock markets sliding.
Stock markets on both sides of the Atlantic lurched downward yesterday as retail anxieties clouded the American economy and the US currency slipped closer to a rate of $2 against the pound.
In London, the FTSE 100 index dropped to its lowest close in seven weeks, losing 72 points to 6,050 in spite of upbeat UK housing data.
A more dramatic sell-off took place in America. The Dow Jones Industrial Average slumped 158 points to 12,121, its biggest fall for four months. The broader S&P 500 fell by 1.3% and the technology-dominated Nasdaq index lost 2.2%, hit by a sudden downturn in Google's shares.
Economists expressed renewed concern about American consumer spending after a dismal trading update from the world's biggest retailer, Wal-Mart.
Wal-Mart predicted that its November like-for-like sales would be down by 0.1% - its first monthly drop for 10 years - as it struggles to persuade shoppers to look beyond deeply discounted, one-off bargains on toys and electrical goods. Its update eclipsed better news from department stores and upmarket retailers which said shoppers had come in greater numbers over the Thanksgiving weekend.'
Stock markets on both sides of the Atlantic lurched downward yesterday as retail anxieties clouded the American economy and the US currency slipped closer to a rate of $2 against the pound.
In London, the FTSE 100 index dropped to its lowest close in seven weeks, losing 72 points to 6,050 in spite of upbeat UK housing data.
A more dramatic sell-off took place in America. The Dow Jones Industrial Average slumped 158 points to 12,121, its biggest fall for four months. The broader S&P 500 fell by 1.3% and the technology-dominated Nasdaq index lost 2.2%, hit by a sudden downturn in Google's shares.
Economists expressed renewed concern about American consumer spending after a dismal trading update from the world's biggest retailer, Wal-Mart.
Wal-Mart predicted that its November like-for-like sales would be down by 0.1% - its first monthly drop for 10 years - as it struggles to persuade shoppers to look beyond deeply discounted, one-off bargains on toys and electrical goods. Its update eclipsed better news from department stores and upmarket retailers which said shoppers had come in greater numbers over the Thanksgiving weekend.'
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