Global meltdown! Our weekly round up of yet another history-making five days
10th October 2008
By Nigel Hodges of Currency Solutions
"There cannot be a crisis this week; my schedule is already full."
So said Henry Kissinger, and it was a sentiment shared by many at the beginning of the week but unfortunately heeded by none, as global markets plunged even further into turmoil.
What a week. If anyone could make sense of it, they would be in a better position than most. One Bloomberg economist was embarrassingly stumped on live TV, admitting he just did not know what was going to happen.
If the true definition of a crisis is the suspension of reality, then this, my friends, is a crisis.
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