February 14, 2009
While I've been hearing/seeing the same thing for some time, this ground-level news report on the implosion of the Dubai real estate market is still eye-opening. The quote that prices currently mean nothing, because "there is no market at all"...
Otto: Don't call me stupid. Wanda: Oh, right! To call you stupid would be an insult to stupid people! I've known sheep that could outwit you. I've worn dresses with higher IQs. But you think you're an intellectual, don't...
From last night's Bill Moyers program, an interview with Simon Johnson on banking's oligarchs: BILL MOYERS: What are you signaling with that headline, "Geithner vs. the American Oligarchs"? SIMON JOHNSON: I think I'm signaling something a little bit shocking...
Nationalize the Banks! We're all Swedes Now (Washingtonpost/Roubini) Nationalization by autumn, bank on it (Reuters/Saft) G7 communique: Full text (FT) Times Columnists in Smackdown! (New York Magazine) How bad is the employment picture, really? (Macroblog) Number of Russian billionaires...
