Remember the last time there was a financial crisis? Well there have been many in the last few decades. The Asian crisis in 1998, There was 2007 then 2008. There was Lehman Brothers, Northern rock and the queues around the block to withdraw money from a feared collapse of one bank and then many others. Some thought we were hours from doom. If you were to visit Greece a few years ago you would have felt money was all around you, now it seems to have seeped away.
Often when we are in a crisis, we forget that we have managed to survive at other points in our lives. At present there is the fear of the contagion of the Greek crisis in Europe and the world. The….What if? What if? Questions seem to go on in the newspapers and the financial markets. What if questions are anxiety filled. So much is driven by emotions, even the very markets which are meant to be about logic seems to be foaming at the mouth with fear at the moment. At these times it is best to stay still, stay tight and not make any rash decisions.
