Not A Pretty Picture

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]

About David Burn


  1. That’s not good.

  2. Not good at all.

  3. I was in London last week when it happened and wrote about it on our blog at 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 In the first two days, over a $1 billion and a half pounds were withdrawn.