I think the bailout is too little, too late. When the full extent of the deleveraging debt throughout the Western world becomes clear, it will be horrific.

The good news is that Asian banks appear to have been much more responsibly run and are in much better shape than ours (or so I read). Whether that will save them in a meltdown is beyond my ability to surmise.

And this for American Muslim. It is much more likely that your grandchildren will be Christian.

Deo gratias.

Best,

Richard Moorton