Quote Originally Posted by pacfan View Post
Quote Originally Posted by Kirkland Laing View Post

Kirkland never disappoint us, does he? This is as bad as it can be...when Kirkland is in a sober mood.
That isn't remotely as bad as it can be. That's close to a best-case scenario. If nothing unfortunate happens, we can expect a slow-motion slowdown with a bunch of banks going bust (it's already nearly double figures in terms of bank insolvencies since this started) with the Fed printing huge quantities of dollars to bail everybody out that then cause quite high inflation over the next decade or so. But that's if we're lucky. It's impossible to overstate the stresses on the global financial system right now.
Fixed...

Actually, I was expecting a little bit more fireworks from you, Kirkland, - but - on a more realistic level, given the situation, this is as bad as it can get...