Wednesday, October 08, 2008



Water said...

Um... I agree sky is now falling but when a whole country goes bankrupt (iceland) something is wrong. Banks in almost every European nation are being nationalized, even the US is considering buying out financial institutions... Wake county has delayed construction due to bond rates beingn too high. What credit crunch. There's definitely a crunch sound in many parts of the economy - parts that need money to sustain growth.

William P. Dupre said...

I agree that there are definitely problems (possibly big ones), but the panic that is in the media seems to be unwarranted.