29 September 2008

Buy Credit Crunch- Now With Two Banks!

Suspect I'm not the first to make cereal jokes in relation to the current situation.

The FTSE 100 has closed below 5,000 for the first time since I don't recall when. For me, that's the indicator that this has gone beyond bad and is now into very bad.

When this is over (it'll have to be at some point), I guess we're going to be citing this as one of the major failures of the Bush administration and making sure something like this never happens again.

Stupid, stupid banks.

I can't honestly see us winning the next election at the present time, Brown or no Brown.

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