Quote:
Originally Posted by Slava
B) Proclaim that everything is fine and people should just relax when the financial system and the major figureheads around the globe stare into the abyss, quite literally.
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From a global point of view, yes the financial system is in rough shape. This has been demonstrated numerous times with the propping up of banks, the Greece turmoil, etc.
From a Canadian point of view, our banks ARE fine. They are stable and on this basis people should relax and not panic near as much as people in other parts of the world. We may be dragged down with the rest of them, being more and more a global economy, but it is no reason for foolhardy panic in the meantime.