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Rath said:
Am I the only one who sees a buildup to a worldwide depression quite possible from this situation?

Several major banks have pretty much collapsed (Northern Rock, Bear Stearns) and markets are falling worldwide.

It's hard to tell as there hasn't been enough transparency.  This could just be a hiccup (albeit a big one) like the S+L fallout, or even worse.  Thankfully at least there will be a new president to get rid of what has been one of the worst administrations in HISTORY.