Where's the end

Via Bloomberg

The IMF report released yesterday , Jan 27, signaled that write downs and losses at banks totaling $1.1 TRILLION so far are only half of what’s to come. Losses on that scale would leave banks needing at least $500 billion in fresh capital to restore confidence in their balance sheets.

Here is how fast things are changing…A couple of months back, I read a book called “The Trillion Dollar Meltdown” by Charles R Morris. My review for the book is here . Now there is a new book by the same author titled " The Two Trillion Dollar Meltdown"

Going by the current trend , I think he is currently writing a third book and the title is easy to guess :)