IMF

From the Global Stability Report issued by the International Monetary Fund :

"The effects of the credit crunch are likely to be broader, deeper and more protracted than previously expected."

I didn't need the IMF to know that !

Some players (the right word in the right place) say the worst of the crisis is over, some say it is still to come. The fact is that nobody knows but, as human stupidity and greed have no limits, and irresponsibility reigns, the second hypothesis appears more plausible to me.

I pray that I may be wrong, but it could very well be that "we've seen nothing yet".