Bush says 'Co-ordinated' response necessary

1. Greatest ever rescue bid under worst ever circumstances. 2. Challenging time or interesting times the reponse must be swift and on war footing to restore confidence to the people on the street.

The clarion call today is for coordinated global action to surmount the global credit and liquidity problem. It does not appear to be leading anywhere. While the initial epicenter was located in the United States it has now spread to other areas of the globe and in my opinion the epicenter now extends to Europe and Asia as well. In this analysis I take a look at the steps being taken and why these...