Well, we're at least a year into the credit crunch now and things are not easing up yet. (Yes, I was wrong and I admit it. I assumed -- incorrectly -- that everyone would figure out how to do deals. And that's happening a little but at a slower pace and in a different way than I expected.)
If you are curious to see what some important financial people from around the world (including Henry Paulson, Pascal Lamy and George Soros) think about the crunch, check out the BBC's website for some video clips.