Sunday, 14 September 2008

Squeezed Lehman

It isn't 1929 yet - or the Great Depression. But, 79 years after Wall Street bankers and brokers lept from ledges, ruined - well, disaster is striking the money markets, again. Tonight's news that Lehhman Brothers may go bankrupt is disturbing, even ominous. It was the fourth largest of its kind in America - and the ripple effect of its collapse may become a domino one. The next decade may be the most lowdown since Auden's Thirties. Meanwhile, America seems bent on electing Palin as President-in-waiting - America's second most incompetent president is in the wings.
Post a Comment

THE BEST OF 2017...

Aim High, more often Year-end Best of lists are invidious, and, also, these days, ubiquitous, to the point of madness. But we have love...