On Mon, Jan 18, 2010 at 8:05 AM, William Robb <[email protected]> wrote: > > It is intersting to note that this particular meltdown originated in the > USA. Whether it was because of no regulation, insufficient regulation, > incompetent regulation or just plain dishonest regulation is immaterial. > There is a huge problem with the way that business was being done down > there. > I also expect that it's back to the same old same old already. > > William Robb >
Actually, the meltdown started in Iceland and the UK, not the US, and it started in 2007, a fair bit earlier than people realize. The US was just where the first large-scale problems started to show up when the meltdown started to accellerate. -- M. Adam Maas http://www.mawz.ca Explorations of the City Around Us. -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net to UNSUBSCRIBE from the PDML, please visit the link directly above and follow the directions.
