Global Credit Crisis Grows–Germany Up Next?

Posted on October 5, 2008
Filed Under Journalism, News, commentary |

It’s like a cancer this financial crisis. Seems to be spreading regardless of what types of surgical intervention are being applied.

Comes news today that  Germany has “offered a blanket bank deposit guarantee,” says Reuters, in order to try and “contain the spreading credit crisis.”

This, of course, comes just two days after the U.S. puts through a deal to bailout banks to the potential tune of over $700 billion.  Clearly, though, this crisis is far from over.  

The scary thing is, no one really knows how far this is about to go!

For More Commentary, Please Visit www.notimetothinkbook.com, The Official Website For THE Media Book For 2008-09, No Time To Think

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