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Not A Pretty Picture

September 20, 2007 By 3 Comments

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A credit crunch, sparked by the subprime crisis, prompted depositors to make the first run on a British bank in a generation, developers of London’s tallest skyscraper to postpone construction plans and economists to warn that economic growth will shrink.
[via USA Today]

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Filed Under: Economic Indicators
About David Burn

I wrote my first ad for a local political candidate when I was 17 (she went on to win her race, and I felt the power of persuasive copy for the first time). Today, I live near Portland, Oregon and spend my days building brands for companies that matter.

  • http://thebrandbuilder.blogspot.com olivier blanchard

    That’s not good.

  • telecom

    Not good at all.

  • http://blog.brandexperiencelab.org/ David Polinchock

    I was in London last week when it happened and wrote about it on our blog at http://tinyurl.com/3yq3tx It was pretty wild and a great example of crowd mentality andthe power of a good, or in this case, bad, brand experience. In the first two days, over a $1 billion and a half pounds were withdrawn.