Dante once said that the hottest places in hell are reserved for those
who in a period of moral crisis maintain their neutrality.
-- John F. Kennedy

Monday, June 23, 2008

A very nasty period is soon to be upon us - be prepared

Jon Talton at Rogue Columnist pulls this tidbit out of the foreign press:
The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks. "A very nasty period is soon to be upon us - be prepared," said Bob Janjuah, the bank's credit strategist.
Uh-Oh.

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