Profit, Risk, Greed, Fear, Chaos and …
Posted in Investing on Oct 14, 2008
If you can’t find the right word to describe how you feel about the current financial meltdown, don’t worry. “The Economist” might be able to offer you some light just in case you’re still wondering. Here goes.
Could this be the cover of the year for 2008?
Heard that the market has went up as much as 10% in a day just because Bush is proposing to pump $250 billion into ailing banks. But don’t think that will help US from getting out of the turmoil, does it? And yet, there are still people making money out of this crisis for sure (foreclosures being one of them).
[...] sites must be laughing to the banks now thanks to the sour taste of the economy as people are more concerned about their spendings and tries to snatch deals in order to save. - [...]
[...] be interesting to see who the new US president will be for the next 4 years. The Economists posted yet another interesting front page cover for their November issue. [...]