Banking crisis

Governmental authorities in the USA have declared a 10 day ban on shorting specified financial stocks while governmental authorities in Russia “temporarily” shut down their two main exchanges to prevent trading in anything!

Meanwhile, the Prime Minister of Canada made a public statement declaring that there was no need for the Canadian government to bail out Canadian banks and that “the troubles in the financial sector of the United States should not spill over into Canada. “ There you have it. Conclusive evidence that Canada now has an official banking crisis!

I am taking a two week holiday from blogging to get some rest from this financial crisis. I plan to return by October 6, 2008.

...back by October 6, 2008...

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Copyright 2008 Raymond T. Lee. All rights reserved.
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