13 October 2008

The Stock Market Fall

2 comments:

Joe said...

I'm still wondering, with the government underwriting so many apparently failing banks, how much it would take to totally bugger up everything (technical term). Presumably there is a significant risk involved with all these payments.

scott redding said...

I think the risk is if short-sellers start to target sovereign governments, rather than companies. Countries like Canada and Australia won't get targeted, and countries like Britain (debt/liabilities being over 100% of GDP) will get targetted.