Global panic, financial meltdown. I'd like to take some time to explore a few of the current issues and where it might all be heading. Whilst I'm a pessimist at heart I can still take heart in sometimes looking back and seeing I was wrong.
However as we stand in October 2008 I have to say, financially speaking, I told you so - about 3 years ago. Whether it could have been called irrational exuberance or something else, we are where we are. And we got here because idiots borrowed more than they could afford from greedy idiots who were regulated by ineffective dullards who just didn't understand what the rocket scientists were continually coming up with and the impact of their actions on our lives.
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