Stiglitz: It's Worse Now Than Ever! Trade War Erupting Between U.S., China?

The banking crisis is getting worse! The "too big to fail" banks are growing bigger! The Dow was down nearly 100 points tonight before bottoming! There are also signs of a trade war brewing between the United States and China -- over tires!

From Bloomberg:

Sept. 13 (Bloomberg) -- Joseph Stiglitz, the Nobel Prize- winning economist, said the U.S. has failed to fix the underlying problems of its banking system after the credit crunch and the collapse of Lehman Brothers Holdings Inc.
“In the U.S. and many other countries, the too-big-to-fail banks have become even bigger,” Stiglitz said in an interview today in Paris. “The problems are worse than they were in 2007 before the crisis.”

from Marketwatch:
HONG KONG (MarketWatch) -- China said Sunday it would launch an anti-dumping investigation into U.S. sales of chicken and auto products, a move apparently in response to Washington's decision to impose punitive sanctions on Chinese tire imports late last week.