What is next?
Bank of IndyMac collapsed. The second largest morgage bank. Which bank will be the next? Washington Mutual?
Feels like we are at the beginning of the Great Depression.
posted by Sword Angel (剑侠) at 1:12 PM
Tuesday, July 15, 2008
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3 Comments:
城门失火，殃及池鱼。在全球经济一体化的今天，美国老大打个喷嚏，地球都要抖三抖。何况，美国经济萧条期似乎真的是要来了，中国的形势也十分严峻。。。
不过，既然有繁荣，就会有萧条，不能永远处于亢奋期。人生也一样。只有学会面对了！
Indeed these are all the signs of the economic depression. Technology field appears unaffected this time. I believe the real estates and IT are taking turns to be in pitfall. Financial resources are limited after all but they must go somewhere to be investmented. When one field is prosperous, the other one would be depressed.
Glad you came back and hope everything was fine. What happened?
It seemed that this website had been forbidden to visit for a long time in China:((
I am so glad to read your blogger again. Everthing is fine:))
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