Is there going to be and end to this crisis? I thought I would check the stockmarket and it is still going down. In the long term, it has not gone anywhere in years. The chart on the right tracks the FTSE from 2005 (with thanks to Livecharts.co.uk).
The chart on the left for the last few months is just depressing. Although we are higher than the 3000 low point.
At least some action is being taken - the fact that Anglo Irish will keep going rather than being closed is something. The fact that there is some support for families heading into a mortgage crisis and some help for smaller businesses needing loans or help paying tax bills.
The big lesson? Enjoy what we have but don't borrow to have it?
