Panic Postscript

The BBC did a story on the market crisis two days ago. They also used the word "Panic."

Two interesting points:
1. In the past, market crises have originated in less stable or less central economic areas, like Asia. This crisis originated in America, the world's largest economy.  And spread out.  Very different having the genesis of the economic problem in supposedly the world's most stable economy.

2. The crisis is so bad that the news of the Federal Reserve infusing money into banks is a positive sign. In the past, this necesity or intervention would be a bad sign of market instability. Now things are so instable that the news is a help.