Jitters about the unknown impact of world debt had its own impact today — a huge bump downwards in the stock markets. The Toronto Stock Exchange composite closed down 391 points. It had been as much as 527 off but in the last hour canny buyers trimmed that back. The markets started off with a sharp drop and just kept going as galloping panic took over. The bundle of anxieties included Ben Bernanke’s warning that the U.S. economy is on the edge to reported slowing of the economy in China to the ever-present old favorites Greece, Italy and Spain.
