Tuesday, August 28, 2007

The Panic of 2007

seems an appropriate phrase to describe the market volatility that has hit global markets late this summer. Calculated Risk compares today's issues with the "Panic of 1907", and M. Shedlock has a post up today titled If You're Going To Panic, Do So Before Everyone Else...also see my earlier post A Genuine Financial Crisis for some examples of panic that have occurred in the last few weeks...

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