If you are to believe the pundits and financial commentators the end of the western economic model may be at hand, OK not all of them, but the DOOM and GLOOM and naysayers are out there. Is now the time to panic? No, it is not.
From the Blogosphere:
- Preet over at Where Does All My Money Go writes today about the single largest bank failure in the U.S. so far and how in Canada we have only had 2 small banks fail since the early 1900s.
- Michael James on Money wrote about Understanding the Current Financial Mess, at first I thought he was writing about my finances, but found out it was a Big Picture story .
- Ellen Roseman write about How to Invest in a Bear Market (two), pick your “bargains” wisely.
- Larry MacDonald asks the same question, Are Stocks a Bargain Now? , my answer is, I’ll tell you in six months.
No Fraud Payback Yet
Still have no resolution on the fraud on my bank account, and no payback from my bank yet either. Hopefully this can all be cleared up fairly soon.