I agree Rudd is panicking, and so too every other world leader, but what ya gunna do? As you say no one saw it coming and yet we all saw it coming. I've been reading about it on the daily reckoning for years - they've been banging on about for 10 years. Humans suffer from something called the 'optimism bias' which gives us the bizarre feeling disaster won't befall us - I won't get cancer, I won't crash my car. It's a bit late when you're stuck in the wreckage but still you have to react don't you? Helps to have the ipod on some very calm quiet music.
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