The report from General Motors (GE) did a knock out on most of the stock markets around the world from USA to Sweden.
The OMXS has gone down with 2.5 % medical and energy stocks to the biggest blow.
Many economy experts warns that this is just another sign that American going to a recession and we need to be ready when it comes.
Many banks will have difficult to handle new loan applications purely because they have no money left after loosing to much on the bad credit loans in the USA. The governments in affected countries are preparing to go in and help the banks to get the lending starting again.
