> The financial system was becoming a pool of molten goo, possibly spreading radiation all over its vicinity?
Metaphorically, I'd say that was fairly accurate if you consider the molten goo to be defaults and the radiation to be bank malaise and bad assets; it also managed to start the same reaction in the EU, which continues to this day.
Metaphorically, I'd say that was fairly accurate if you consider the molten goo to be defaults and the radiation to be bank malaise and bad assets; it also managed to start the same reaction in the EU, which continues to this day.