I'm not so sure that I'm so sure what's actually going to happen with this whole "worldwide financial crisis" business. Just a while ago, we were talking about $200/barrel oil. Now commodities are slipping, credit is unavailable, our banks are being consumed by either the government or each other, and the average consumer, anywhere, is forced to sit and wait.
We're looking for objects of blame, be they the "greedy bank executives," George Bush, the Democratic Party, or irresponsible borrowers like you and me.
Well, my guess is that we all bear a certain amount of responsibility for this mess. It's not over yet.
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