Remember, in a worldwide financial crisis, no one knows anything

If you read articles in the nytimes.com, wsj.com, or other places, you will see people predicting this or that. The key thing to remember anytime you read such an article is: no one even remotely knows what will happen. What everyone — especially the man in the photo above — is trying to do is prevent the worst from happening and trying to make the most of a bad situation. That’s all you know. That’s about all they know, too.

In the meantime, read Wall St. in Worst Loss Since ’01, Despite Reassurances From Washington – NYTimes.com

It’s going to be a busy — and bad — week.

(Photo of U.S. Treasury Secretary Henry M. Paulson Jr. by Kevin Lamarque/Reuters)