A blog hosted by the Right Honorable The Earl of Stirling, hereditary Governor & Lord Lieutenant of Canada, Lord High Admiral of Nova Scotia. Covers diverse topics including European and North American politics and economics, strategy, war, religion, high technology, End Times, medicine, Scotland, Scottish clans, Scots Peerage Law, and more.
Monday, September 29, 2008
Two major financial institutions having failed in Europe and Wachovia having failed in all but name over this weekend are pointing to broad global systmic grave dangers. Global stockmarkets could be on the verge of a October 1929 type collapse.