Scary Thoughts

Credit - what does it mean to different people?

In the light of current credit situation (referring to the sub-prime loans in the US, affecting other loans, debt securities, CDS, CDO, CMOs, and what have you), credit is now a real pain.

When the full impact is known, one will only gasp at the extend this has permeated through our daily lives. just like pollution and global warming? Now this butterfly is fluttering in the US and creating the stir everywhere else... is my frail grandmother's saving affected by this? Directly no, but indirectly, yeah sure!

So is there a place to hide? Not really. Is the Bull run over? Perhaps.

This is my take on tihs situation: The Bull Run is but a show and the final curtain is coming down onto the stage. It would be a while before the true impact of this is known for sure, just as it would take a while for this curtain to finally close off the stage. Players are acting, reacting and perhaps racing to do something, much like the eager audience who are clapping their hands, cat calling for encore...

This is the final curtain! It is coming down. Whether it would go up again for an encore is anyone's guess. If it does, great! If not, we should just marvel at how great the show was when it lasted, and lament at what a surprising conclusion it was at the end.