Posterous

i.want.world

my project & life in vienna

Today's 'wow' Momment

"Globalisation allowed the US to suck up the savings of the rest of the world and consume more than it produced." George Soros, FT.com January 23 2008.

Seismograph. The line indicates the daily volatility of the Dow Jones index, between 1901 and 2009.

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Filed under  //   banks   crisis   globalisation   markets   U.S.  
Posted December 26, 2009
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Andy Warhol would be happy

David Reilly at Bloomberg notes that the pricing of credit default swaps on both the US government debt and Campbell’s is the same...

Here is the link. Hat tip goes to TheBrowser.

Warhol_campbells-soup

via Marginal Revolution by Tyler Cowen on 8/31/09

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Filed under  //   banks   crisis   markets   U.S.  
Posted September 12, 2009
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