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	<title>Comments on: The Great Economic Recession 2008</title>
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	<link>http://www.mikewilson.cc/2008/09/18/the-great-economic-recession-2008/</link>
	<description>Busy Dad, Software Developer &#38; Business Owner</description>
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		<title>By: Scott Kane</title>
		<link>http://www.mikewilson.cc/2008/09/18/the-great-economic-recession-2008/comment-page-1/#comment-297</link>
		<dc:creator>Scott Kane</dc:creator>
		<pubDate>Mon, 22 Sep 2008 09:29:15 +0000</pubDate>
		<guid isPermaLink="false">http://blog.evolvedsoftwarestudios.com/2008/09/18/the-great-economic-recession-2008/#comment-297</guid>
		<description>Hi Mike,

First -- glad Starbucks isn&#039;t so close to me, I drink way to much coffee already! :-)

Interesting - today in Australia the Federal government has effectively made short selling of stocks illegal.  Probably saved us a good deal of pain in the short term.  Not sure how the US bail out will go in terms of long term, but in the short term it may slow the trend we&#039;ve been seeing to some extent.  Thing is though, a lot of players have the itch now to be reckless, precedents there now, shall be interesting, if not alarming at times, to see how it pans out.  I still think the potential is depression, rather than recession though.  Unfortunately the longer it&#039;s held off, the more likely that becomes.</description>
		<content:encoded><![CDATA[<p>Hi Mike,</p>
<p>First &#8212; glad Starbucks isn&#8217;t so close to me, I drink way to much coffee already! <img src='http://www.mikewilson.cc/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
<p>Interesting &#8211; today in Australia the Federal government has effectively made short selling of stocks illegal.  Probably saved us a good deal of pain in the short term.  Not sure how the US bail out will go in terms of long term, but in the short term it may slow the trend we&#8217;ve been seeing to some extent.  Thing is though, a lot of players have the itch now to be reckless, precedents there now, shall be interesting, if not alarming at times, to see how it pans out.  I still think the potential is depression, rather than recession though.  Unfortunately the longer it&#8217;s held off, the more likely that becomes.</p>
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