Whenever there is a fear in the financial markets, Canadian dollar, oil price and gold price go in opposite direction and the stocks quickly plunged following up with some recovery in the following day. So, it will be certain that tomorrow's stock market would be in better condition than today.

Anyway, it demonstrates how the stock market is volatile to the economic condition day by day. Plummeting the stock market was accelerated when a large U.S. financial firm made an erroneous computer trade on an index, which caused the Dow Jones to plunge from 400 points to 1,000 points.

Many of european countries are not financially stable. Greece is unable to cover $11.6-billion in debt payments and needed the austerity measures to be eligible to receive a $141.9-billion (U.S.) aid package from the International Monetary Fund (IMF) and the 15 other countries that use the euro. Next in line are Portugal, Island, Spain, Italy, etc.

When you look at which countries hold the most of U.S. dollars, you will be convinced where the the future economic power is shifting to. China, Japan, Russia, Twain, India and South Korea hold the majority of U.S. dollars. South Korea alone have 278 billion U.S. dollars which is more than 141.9 billion total aid package. European countries do not look good financially down the road. Of course, a few countries (Germany, France, etc.) are not included.