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Calm down… it is not the End

In Uncategorized on September 18, 2008 at 2:32 am

Be it the end of falling financial giants or end of yet another financial giant. It does not matter.  We will survive.  We will move on.  Things will come back up again.

The financial is in the highlight again.  More companies are deem to be going down.  I would like to highlight this particular quote that I read:

“The economy is not short of money. It is short of confidence,” said Sung Won Sohn, an economics professor at California State University.

I have always said that we live in our own bubble.  Bankers are no exceptions.  In fact, their bubble is even more extensively imagined than most other industry.  How else would some points on a electronic board create or destroy millions of real money in a matter of seconds?

The worst thing that we can do is be an expert in a field and start sprouting doomsday message to everyone else.  That will cause more panic and confidence to be lost.

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