clipped from: blog.knowyourmoney.co.uk   

An economic tsunami is reverberating around the world. The foundations of financial institutions are shaking. Governments, in an unprecedented move, are pouring billions of tax payers’ dollars into financial markets, guaranteeing customers’ savings and taking full or part control of major banks in an attempt to re-build confidence in lending and stabilise the economy. In effect, governments are offering financial Prozac to offset a world wide depression.



Climate change – let’s takes the long way round; after all, the planet ain’t gonna collapse on Bush’s watch. But when it comes to the financial climate, it seems ol’ W. will do whatever it takes to avoid disaster and protect his legacy…