Too bad this line of thinking is seriously flawed. The non-financial sectors of our economy will not suffer much from even a prolonged banking crisis, because the general economic importance of banks has been highly exaggerated.
I am Fred Wilson. This is my tumblog. I try to post a quote, a song, and a picture every day. Some days I actually do that. I also pull in links to some thing I do on the web to this tumblog . And I reblog the things I find on tumblr that I like. I hope you enjoy your visit.