Archive - Mar 12, 2010 - Blog entry
Will the Real Debt Crisis Please Stand Up?
Submitted by Leo Kolivakis on 03/12/2010 21:32 -0500When you factor in pension obligations, just how bad are the debt profiles of individual countries? Trust me, you don't want to know...
Life is Great ... But Only If You Are Already Mega-Wealthy
Submitted by George Washington on 03/12/2010 19:40 -0500Are you having a good crisis?
Long Periods of Drought … Followed by High Winds
Submitted by mikla on 03/12/2010 16:53 -0500Unlike economics, Wildland Fire Science is actually a science. Unlike economists, normal people actually know what the future holds. Debt matters, deleveraging is a bitch, and economist religious rituals ensure our destruction will be more severe and complete than any conceivable alternative. Beware the inevitable conflagration resulting from high levels of debt, followed by extended low interest rates.
We Can't Inflate Our Way Out of the Debt Crisis ... So What CAN We Do?
Submitted by George Washington on 03/12/2010 14:09 -0500It doesn't take rocket science to understand 2 basic ways we can reduce our debt ...
Lehman Brothers Dies While Getting Away With Murder: Regulatory Capture
Submitted by Reggie Middleton on 03/12/2010 07:24 -0500Let's get something straight right off the bat. We all know there is a certain level of fraud in the financial industry. It is just that now it is endorsed by the government...
My Date With Elliot Spitzer
Submitted by madhedgefundtrader on 03/12/2010 00:11 -0500The financial crisis compressed 30 years of change into two, taking us from libertarian Ayn Rand to pay czar Ken Feinberg in one giant leap. The “white collarization” of organized crime has been a secular trend since the sixties. AIG getting 100 cents on the dollar was the greatest scam in history. Maybe a pathological need to be in front of the spotlight? No luck with the infamous black book.
