And a meltdown is “severe over-heating…as in a nuclear reactor.”

Only we know that this meltdown isn’t nuclear, it’s financial, and it is most likely giving a lot of people kitten fits, as my old granny would say.

It’s definitely radiating out from the horrified U.S.stock market to markets around the globe, with some countries calling in their U.S. loans and others shoring up finances by putting more money in circulation… specifically into stock markets.

Which is what the U.S. is doing (adding money to the market), only it’s been done a FEW times lately, and the market still falls, and I think the country will need its corporations to pony up, as the saying goes…

SOMEthing new and different, I’m not really sure what…

But I’m not a financier nor in real estate; I just try to follow the news and get a feel for the immediate future. Looks like another cycle of the rich getting richer and the poor getting poorer, though I could be all wrong!

I have watched the housing markets here plummet, and that didn’t bode well at all… (except of course for those with a lot of bucks who can buy up the property cheap now… and for those who saved for their first home until now…) But NOT good for those who took advantage of what seemed to be great mortgage rates and bought a house not long ago without the mortgage being ‘fixed,’ and with a balloon payment coming up, etc.

Which is all very sad. But it all could change again, too; don’t despair whatever you do!

So I sit here ‘playing’ the Words & Wordplay section, not worrying. (What, me worry?!) Nope. ‘Me’ hope! ;-}