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

Native Nebraskan seeking the perfect pale ale in the Pacific Northwest. Disc golfer. Fan of Kurt Vonnegut, community radio and wolves in the wild. Copywriter and brand strategist at Bonehook. Co-founder and editor of AdPulp.

  • olivier blanchard

    That’s not good.

  • telecom

    Not good at all.

  • David Polinchock

    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 In the first two days, over a $1 billion and a half pounds were withdrawn.