The Worst is Still to Come?

"The sector that will determine if the market is bottoming or not is the banking sector and we don't know how much damage has been done or to whom yet."

We've known this was comming down the tubes for a long time, that the only thing propping it up was the rest of the world's need to tiptoe around the exit rather than stampede through it.

Small wonder that Digby said "The elites are apparently fed up with the state of the country under George Bush."