http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/23/cccrisis123.xm

Crisis may make 1929 look a 'walk in the park'

As central banks continue to splash their cash over the system, so far
to little effect, Ambrose Evans-Pritchard argues things are rapidly
spiralling out of their control

Twenty billion dollars here, $20bn there, and a lush half-trillion
from the European Central Bank at give-away rates for Christmas.
Buckets of liquidity are being splashed over the North Atlantic
banking system, so far with meagre or fleeting effects. ...