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Tuesday, 30 September 2008

Being thankful for small mercies

I woke up this morning and checked the markets and was relieved to read that the Mikkei and Hang Seng were only down around 3%. When a fall of that magnitude gives relief, you know we are in deep trouble.
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1 comment:

Barnacle Bill said...

Quite frankly I think over this side of the Pond people are running around like headless chickens.
Its the USA that is bankrupt, OK we're going to take some flak as it goes down, but if Europe gets it's act together we should be able to survive the coming storm.
Then we'll all be able to pick over the carcass of America.
One of the first things our glorious unelected Leader should do is state he is starting a class action against any surviving American bank over the toxic debt peddled by them to us, and ask if anyone else in Europe wants to join us in it.
Feck the "special relationship" - kick 'em when they are down say I!

30 September 2008 at 09:18

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