Sunday, September 14, 2008
So... How Bad Are Things Going To Get?
We may be teetering on the edge of another financial crisis, and a possible recession that spans the Atlantic. How worried should we be?
Update: More on Lehman and our domestic mess.
Update 2: This is reassuring: "Will the U.S. financial system collapse today, or maybe over the next few days? I don’t think so - but I’m nowhere near certain. You see, Lehman Brothers, a major investment bank, is apparently about to go under. And nobody knows what will happen next."