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NEW YORK Justin Faulk Hurricanes Jersey , Aug. 21 (Xinhua) -- U.S. stocks continued to plunge Friday, with the Dow Jones Industrial Average nosediving more than 500 points, as a broad-based heavy sell-off in global stock markets rattled nervous investors.
The Dow tumbled 530.94 points, or 3.12 percent, to 16 Jeff Skinner Adidas Jersey ,459.75. The S&P 500 shed 64.84 points, or 3.19 percent, to 1,970.89. The Nasdaq Composite Index sank 171.45 points, or 3.52 percent Justin Faulk Adidas Jersey , to 4,706.04.
China stocks continued to slump Friday after the release of weak economic data, with the benchmark Shanghai Composite Index diving 4.27 percent to close at 3,507.74 points.
The Caixin Flash China General Manufacturing PMI retreated to 47.1 in August from 47.8 in July, the lowest point since March 2009.
For the week Authentic Jeff Skinner Jersey , the Shanghai Composite Index sank more than 11 percent, the sharpest weekly drop since the week ending July 3.
European equities also ended sharply lower Friday following previous session's deep decline, with British benchmark FTSE 100 Index shedding 2.83 percent, as traders were spooked by worse-than-expected Chinese economic data and a new election in Greece.
Adding more pessimism into the market, U.S. economic data came out weaker than expected. Financial data firm Markit reported Friday that U.S. manufacturers indicated a renewed loss of momentum during August.
The headline seasonally adjusted Markit Flash U.S. Manufacturing Purchasing Managers' Index dipped from 53.8 in July to 52.9 in August Authentic Justin Faulk Jersey , the lowest level since October 2013.
Meanwhile, investors were still pondering over the ongoing uncertainty about the timing of an interest rate hike by the U.S. Federal Reserve.
Market analysts widely see September or even later as the most likely time for a Fed rate increase, which also dampened investor enthusiasm.
A renewed plunge in oil prices provided some downward jolts to the stock market too. The U.S. oil benchmark slid below 40 U.S. dollars a barrel in intraday trading for the first time since February 2009.
On Thursday, U.S. stocks suffered big losses amid mixed economic reports, with the three major indices on a three-day losing streak Jeff Skinner Jersey , as worries about a slowdown in global growth weighed on Wall Street sentiment.
In a weekly basis, the three major indices witnessed the worst week in nearly four years, with the Dow, the S&P 500 and the Nasdaq diving 5.8 percent, 5.8 percent and 6.8 percent Justin Faulk Jersey , respectively.
On the History channel there is a new series called "Gangland" which covers the history and practices of various gangs The Arian Brotherhood, La Eme, The Hells Angels and The Mongol Nation to name a few. Many of these gangs are "blood in, blood out", meaning one must commit violence to join and must be killed to leave.
After watching a few episodes it became clear what no one else is seeing from these gangs is that they constitute a form of cult. What is unique about this form of cult is their overt willingness to do violence and engage in illegal activity.
What these gangscults provide to it's members highlight what a good functional cult should provide:
* A sense of family
* A feeling of uniqueness
* A feeling of superiority
* It gives its members a special place to feel at home within the cult
* Huge amounts of reward in the form of money Cheap Hurricanes Hats , drugs, sex and freedom as well as an outlet for them to practice whatever talent they have.
* if the leader gets removed the cultgang can keep going, and possibly no one feels vulnerable or unworthy just because they are at the bottom of the pyramid within the group.
The main thing that makes these gangcults different from a religious cult is that the focus is not on God or the Leader but on the gang itself. This creates a powerful sense of brotherly love and comradeship.
The leaders themselves differ from most cult leaders in that their priority of values is not to God, the cause, or spreading the word or even their own ego gratification. Instead they value the protection and comradeship the family gives them. That said they get their personal needs well met.
An act of violence or criminal act does two things to the mind of the member who commits them:
1) It creates a concrete sense of commitment. This is an act that demands absolute commitment which extends itself to group. Afterwards they are well rewarded for "taking care of business" in a celebration of their success. Cult experts call this love bombing.
2) An act of violence also forces them to make a commitment to NOT be part of the rest of society. They are now committing to alienate themselves by their affiliations (the gang) and their actions.
As a side note Cheap Hurricanes T-Shirts , It is claimed that there is a "sealing ceremony" within some cults in which a young child is force to witness a murder (which, unbeknown to them, is actually staged) then told they will be killed if they leave the group and that they are accomplices to this murder.
A simple rule within all these gangcults is "we protect our own". Each member knows that anyone else in the gang will "take a bullet" for him and he will do the same for them.
In order to further bond these people to the group and alienate them from the rest of society they often sport tattoos and wardrobe that proclaim their gang affiliation. This is somewhat reminiscent of how the Mormon "cult" isolated themselves from the rest of society by 1) practicing polygamy and 2) moving from New York to the isolated regions of Utah.
A gang is not something easily joined, one has to be 'Initiated' into the gang, be it elaborate ritual Cheap Hurricanes Hoodie , or simply having the gang members beat the crap out of you for 13 seconds (Why 13 seconds, the timing varies amongst some groups, but one theory is that its for the letter "M" which is the 13th letter of the alphabet, standing. Wholesale Jerseys Wholesale NBA Jerseys Wholesale Cheap Jerseys Wholesale NFL Jerseys Wholesale Jerseys From China Wholesale NHL Jerseys From China Wholesale NBA Jerseys Online Cheap Jerseys From China Cheap Jerseys From China Wholesale Nike NFL Jerseys