Monday, 6 October 2008

Confidence and information

It's hardly surprising that savers are pulling their money out of banks. People on the street don't know very much - though they are now scrambling to catch up - and very little information coming out is very clear. Here's a fun article. The headline sounds reassuring but by the time you get to the end, only a fool wouldn't be clearing their account of any Icelandic money.

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