Stock futures surge on rescue plan

The stock market is most likely going to see a raise in the dow jones in the future. Due to the recent progresses in the European stock market, it will likely effect the whole world economy. The euro union approved a 900 million dollar bailout plan to stabalize the market and help greece get out of debt. The European rescue pacakge, valued at more than $1 trillion, has three main components. The biggest provision will use nearly $570 billion to create government-backed loans meant to shore up confidence in shaky credit markets.

This is a good idea, i like how the countrys came together in a tough time to solve their proplems by creating one big group to each chip in. I think that the US should try this instead of being independent we need help, we have more debt than the whole world combined and that is a bad burden we have to live with. This number needs to decrease and we need to stop spending money that are not important. We need to think of plan like this that will get us out of debt.