Local report:
I'm getting about half the people I talk to speaking in a panic-type tone. Even professors have said they have serious concerns and wonder what to do. A good portion of my friends have lost 15% of their savings this year. People are worried....well half of them are...the rest may have untouchable faith.
The local mine used to sell metal at $23+/lb now it is at $5/lb.
I haven't seen anything like this (I mean people's opinions). I'm in Canada (whose banking system was rated #1 world wide). What is it like where you guys (and gals) are?
What is the feeling of the people that you talk to?
Looking with a certain level of detachment,
NIM