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Europe tops US in stock market value

By Tony Tassell

Published: April 2 2007 21:48 | Last updated: April 2 2007 21:48

Europe has eclipsed the US in stock market value for the first time since the first world war in another sign of the slipping of the global dominance of American capital markets.

Europe’s 24 stockmarkets, including Russia and emerging Europe, saw their capitalisation rise to $15,720bn (€11,819bn) at the end of last week, according to Thomson Financial data. That exceeded the $15,640bn market value of the US.

http://www.ft.com/cms/s/bf6a00e4-e14b-11db...00779e2340.html

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So 51 combined countries trumped one country when it comes to stock market value... imagine that.

It's a first. Trendlines, my friend.

Yeah, it's a first, because for 71 yrs, Russia was a Communist nation , and has just now started to regain it's economic legs on which to carry itself. You can't discount a FREE country that large, and then add in all of Europe too and expect there to be total dominance by the USA for ever.

This ranks as likely the most pointless of threads this board's ever seen.

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