Whoops Financial Apocalypse
Wolfie — September 30, 2008, 1:54 am
The biggest DOW loss in history, I’ll be writing something about this soon but I’m too busy right now. Don’t have nightmares yet - we have hardly got started.
Filed under: General
I find that last sentence rather depressing!
Let’s just laugh it off, all the way down the gurgler.
So what is going to happen? I for one dont tihnk there is any justice in bailing out the bankers..
Exactly how this all plays out is really dependent on the strategies of the central banks and governments right now. So far there has been a lot of sallying about without any decisive strategy excepting for Britain which reflexively takes the role of nursemaid without tacking the source of injury. As usual we are being let down by the command structure it seems.
I’d love to offer some cheer Cherry, but alas I cannot honestly see any ahead. James might have the best idea, sardonic though it may seem.
I know Wolfie we are in a dire situation in which we have no control. At least I am in a position where I can at least state my thoughts, maybe they are listened to maybe they are not! But a value the opportunity!