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Market meltdown

 

The collapse of the United States subprime mortgage market had a ripple effect throughout the world. The subsequent collapse of several American banks and falling international stock markets had severe implications for the world economy. For cartoonists, the challenge was to reflect rising fears centred on the stability of interest rates, superannuation funds and the credit squeeze with pathos and humour.

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Boardroom crisis

Michael Fitzjames – Australian Financial Review, 30 April 2008

A boardroom interior with a floor-to-ceiling window, which shows a modern city with a busy port. A dark storm cloud rolls in from the left horizon. A butler enters from the left, a man hides under the table in the centre, a woman to the right looks at him, a man further right looks glum and behind him a man in top hat, tails and striped trousers looks at the scene beyond the window. The entire cartoon has been rendered in a 'tone dropout' style – black and white with no shades of grey.