Thanks to Danya’s RuttenBerg’s blog for pointing out that there are alternatives to asking US taxpayers for 700 Billion dollars; here’s an interesting position/plan from Senator Bernie Sander’s (Vermont). Also, are you wondering how we got into this whole banking/mortgage mess?  Read about the history of deregulatioin starting in the early 1980’s.

Bo Lundgren, ex Swedish Finance Minister, knows how to fix economic problems.   And now he’s teaching the US government how to fix its current crisis.  Lundgren was Finance Minister during the Swedish banking crisis of the early 1990’s and the solution, at the time, was easy: big government intervention in the form of cash and (part) government ownership of ailing banks.  Call […]

If you’re fully engaged in the modern world then you’ve probably used statistics to make arguments and push a particular interest (like predicting orders or market conditions, if you work at a consumer product company, for example). Nassim Nicholas Taleb, in both his book, The Black Swan, and more recently in his essay, THE FOURTH QUADRANT: A MAP OF THE LIMITS […]