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Subject:  Will the Bailout Plan Work? Date:  10/5/2008  5:44 AM
Author:  prieurduplessis Number:  257696 of 538934

Good morning from Cape Town

Whew – what a wild week! World stock markets and commodities tumbled, whereas government bonds and the US dollar surged amid mounting fears that the ongoing turmoil in financial markets was foreshadowing a hard landing for the US and Europe.

Now that the bailout deed has been done, attention is shifting to whether the plan will work and break the logjam in the credit markets. What do you think?

Read the views of a variety of commentators in my weekly “Words from the Wise” review:

Be careful out there and remember the old adage telling us to hope for the best while preparing for the worst.
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