Two Perspectives on the Financial Crisis

Here are two perspectives on the current financial crisis.

Jim Willie gets almost hysterical at times in his revulsion at what is going on, but he still reveals a lot of info. Here is his take on the events of the last few weeks - what is really going on behind all the bailouts and mergers:

"Bataan Death March Tickertape"
http://www.financialsense.com/fsu/editorials/willie/2008/1009.html

William Engdahl has a much broader perspective on the grand strategies on the world stage. His tone is much more subdued and matter of fact, but his content is even scarier:

"BEHIND THE PANIC: Financial Warfare over future of global bank power"
http://www.financialsense.com/editorials/engdahl/2008/1009.html

These are increasingly desperate times. If the US banking system implodes, short term credit will severely disrupt ALL business operations in the US, including retail. This will threaten food supplies, utilities, and other necessities of modern life - likely resulting in considerable public "unrest".

Keep your eyes and mind open,
Michael Childress