Starting to feel to ice melting

Following the problems in the sub-prime lending market in America and the run on Northern Rock in the UK, uncertainty has now hit Japan. In the last 7 days Origami Bank has folded, Sumo Bank has gone belly up and Bonsai Bank announced plans to cut some of its branches.

Yesterday, it was announced that Karaoke Bank is up for sale and will likely go for a song, while today shares in Kamikaze Bank were suspended after they nose-dived. While Samurai Bank are soldiering on following sharp cutbacks, Ninja Bank are reported to have taken a hit, but they remain in the black. Furthermore, 500 staff at Karate Bank got the chop and analysts report that there is something fishy going on at Sushi Bank, where it is feared that staff may get a raw deal.

What’s the capital of Iceland?
About Three Pounds Fifty.

I had a cheque returned. “Insufficient Funds”. Mine or the bank’s?

Quote of the day (from a trader):
“This is worse than a divorce. I’ve lost half my net worth and I still have a wife.”

What’s the difference between an investment banker and a large pizza? A large pizza can feed a family of four.

What’s the difference between Investment Bankers and London Pigeons? The Pigeons are still capable of making deposits on new BMW’s.

While most of the doomest thinkers are still trying to compare this melting in live cast to circa 1929, the actual implosion will turn out to be far more drastic, hence to be further more educational and enjoyable (if you can position right.).

中国应该积极参与世界危机的应对，尤其是美国的危机应对而将自己的1.9万亿美联储券美元（US FRN$）损失控制到最低。出钱可以，但：1. 买债券要个百分比，如10%，的黄金、白银（但现在NYMEX没现货了）。即出100亿买90亿美国债券和市场价10亿的黄金。2. 买美国公司的可投票股。同时，在现在还有可能的情况下有控制地让无实质财富创造的泡沫消掉，协助实体经济渡过难关以在世界上最快从危机中成长。