4. “More and more it seems likely that the
resolution of this crisis will be an historic
financial calamity. Each and every step which
central banks and regulators have taken to
resolve the crisis has been met with failure...
“We are in the midst of an unfolding debacle.
It is happening about us. I am not sure how or
when it ends, but the end, when it arrives, will
radically alter the way we live for a long time. ”
http://acrossthecurve.com/?p=1830
