The whole world is going down the drain

Another week of incredible news. Bad news that is. Yet it still feels that a lot of people are underestimating the severity of the crisis. I have to admit that initially I thought this crisis would mostly affect the USA. I knew that the rest of the world was going to be hit hard as well, but not 'as hard'. Now, it seems that the rest of the world is actually going to be hit harder. I can not help but feel that it all seems a little unfair. Not necessarily for Western Europe but mostly for the developing world.

At least we are living in very interesting times. Aside from all the doom and gloom, I am happy to be part of such a 'historically significant' time.

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28 February 2009 • Economy, Finance

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