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has been providing some pretty good coverage of this crisis at the FT all through the year.

The information has been there all along - it's just not been processed into common wisdom yet, because it doesn't fit the narrative (and is thus discounted) and because it is hard to understand and happens mostly behind the scenes anyway. Who cares about CDS spreads when the Dow Jones is at 14,000?

As to dKos, it was a close thing - a bit of unlucky timing.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (jeromeguillet@yahoo.fr) on Fri Nov 2nd, 2007 at 12:17:23 PM EST
[ Parent ]


paul spencer
by paul spencer (spencerinthegorge AT yahoo DOT com) on Fri Nov 2nd, 2007 at 12:37:43 PM EST
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One-diary-per-day rule on DKos.

We have met the enemy, and he is us — Pogo
by Migeru (migeru at eurotrib dot com) on Fri Nov 2nd, 2007 at 12:42:45 PM EST
[ Parent ]
It's grounds for banning to post the same diary twice. But it's been read. And here too. And it may be posted on the Oil Drum as well. And I'll keep writing about this...

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (jeromeguillet@yahoo.fr) on Fri Nov 2nd, 2007 at 12:55:05 PM EST
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