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i don't think we can have pure capitalism without bubbles.

on the flip side to mcmansions with greening pools, we have the third world, dying for lack of shelter.

'virtual' pensions disappear in a puff of smoke here, 4/5ths of the world never had a pension to lose...

apparently in Syria, all business has to be 20% government owned, so regulators and ceo's are 'on the same side'. the arab world already gave us key concepts in mathematics, i have a hunch we're going to get a few lessons in banking next...


'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Tue Oct 14th, 2008 at 07:20:19 AM EST
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