Quote - Enjoy your vacation. Looks great.

About the economy crisis - I work in a german loan and savings bank as database admin. It looks frightening real from  here. There are still some risks which aren't resolved, which means that the trust between the banks isn't going to return soon. The next wave will most probably be started by the credit card companies, when more and more people aren't able to repay their depts. In January alone, more than 500.000 people lost their job and won't be able to spend a lot of money any more. (source: http://www.bls.gov/news.release/empsit.nr0.htm ) How many will it be in February? In March? Noone nows, no prediction I know came even close to the real numbers. 

And then, there is ALG, the next major problem. Another case of "too big to fail", whith about 300 billions of dollars at risk. I would love to see a sign that it's a hype, but from what I have seen, it isn't. 

Don't forget the huge number of Alt-A and Option ARM loans that are going to be resetting over the next two years. Just as the subprime loans are running out, the Alt-A and Option ARM loan resets are now are ramping up and they won't be done until the middle of 2012.