Morgan Stanley Bank secures $5bn China bailout

Belly Up Banks, ready to go under?

Only 40 Billion of the 150 - 300  Billions Sub prime debts has thus far been written off, what will happen when the other 110 -  260  Billion is written off?

NOTE:  Sub prime debt - The BUSH crooks say the figure is 150 Billion, the bank of England says it is 200 Billion and we have conservative punters saying it is more likely 300 Billion.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/19/bcnmorgan119.xml

Our Advice:  Sell All of your Dollar stocks fast, buy YEN, Swiss Dollar & Euro, but even these have the Dollar as a reserve, so you can expect a rough ride any way you turn - perhaps gold would be better.

Anyway here is a little vid to keep them Sub prime spirits up eh?

http://video.google.co.uk/videoplay?docid=3668199541251076260

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