Where are we in this global financial crisis? ?

It is agreed by all economists I've read and heard that the world is going through a financial crisis and that we are no where near the end. But where are we exactly.

At the middle of the beginning or more towards the end of the beginning?

Or are we at the start of the middle or even the middle of the middle or perhaps approaching the end of the middle.

And how will we know we've moved from one stage to the next?

Where are we in this global financial crisis? ?
im no economist but looking at the way things are trending with consideration to geopolitical agendas, it seems like we are at the end of the middle.

what makes sense to me is that the markets will crash, completely in the states, while the euro market will remain relatively stable. since most of our debt is being assumed(bailout) by the fedgov(eurobanks) a new form of the dollar will be issued for usa if not for the entire western hemisphere(euro). there are two key things to bear in mind 1) every world war was preceeded by global depression 2)this is probably the largest transfer of wealth in history. when one bank assumes another banks debt it is essentialy buying their share of the economy.what is important about this is the federal reserve is not a us owned entity, it is a european company. hard to believe but true, check it out. so what this means is our country is being bought out by another group. it is centralisation of economic power.

Where are we in this global financial crisis? ?
up the creek without a paddle