Your daily Disaster Chic report


From a vulture investor interviewed in New York Magazine

NYM: Give me the bad news then.

V: The top five U.K. banks have $10 trillion of assets and their GDP is only $2.13 trillion. The whole country could fall into the ocean. The top five U.S. banks represent only about 60 percent of GDP by comparison. The other thing is a survey that I just read about in the Times. Over six in ten Americans think that someone in their household will lose their job in the next year.

There, that should give all you pessimism porn folks plenty to flog yourselves happily with over the weekend.

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