Brazil official: Crisis could be worse than 1930s - Associated Press
 

http://www.iht.com/articles/ap/2008/...l-Meltdown.php

The top executive of Brazil's state-owned development bank on Friday said the current world financial crisis could prove more severe than the Great Depression of the 1930s, Brazilian media reported.

JP Morgan Chase & Co. reduced its 2009 forecast for Brazilian gross domestic product to 3.2 percent, from 3.8 percent, analysts said in research note Friday.

seems to be the consensus..

the fundamentals are strong.

http://www.ft.com/cms/s/0/1d6a4f3a-8...0779fd18c.html

The US will lose its role as a global financial ?superpower? in the wake of the financial crisis, Peer Steinbrück, the German finance minister, said on Thursday, blaming Washington for failing to take the regulatory steps that might have averted the crisis.

?The US will lose its status as the superpower of the world financial system. This world will become multipolar? with the emergence of stronger, better capitalised centres in Asia and Europe, Mr Steinbrück told the German parliament. ?The world will never be the same again.?

You mean the "other" fundamentals right?

:1orglaugh

The boundaries may errupt revenues to a financial disfigurement in "philosophical terms" ofcourse.