Reflexions about trouble time

We are now in a big recession time, this recession is arriving while the financial system is in a huge panic, and close to the big black hole.

Crisis is not over, another one is begining Credit Card default


I am worried about the US debt now, somebody have to pay and have to fund the superbe balance sheet(or shit) of Fanny, freddy, and AIG. Probably the rest of the world have to pay for the american excess of credit.

Subprime crisis is probably over or close to be it, but now, welcome to a new one
the CREDIT CARD DEFAULT in the states as the unemployment rate is still going upand people have to understand that bank will not open new loans for firms before quarters as they are very shocked ,and the main task of banks is to fund the economy.

Firms are going to lay off til couple of month bringing increase of unemployment, and default on many family loan, same for firms, as bank are reducing loans offer, will be difficult to invest for them.