A car crash

Carcrash

Car crash, or The House said No!

I don’t know where I read it, but, it’s the best description I’ve found to illustrate the fear which has been brought upon market players, they will all be a lot more cautious after today for quite some time — just as you would after a car crash.

Which also means that loans will be harder to get, companies in trouble will go belly up, and sadly, quite a few innocent people that don’t know it yet will lose their jobs.

I do remember picking up that last line from Mark Thoma’s blog.

I’m eagerly awaiting to see the Congress vote on Thursday.