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Economist Mark Thoma is live-blogging the financial melt-down

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swag Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-08 11:08 PM
Original message
Economist Mark Thoma is live-blogging the financial melt-down
at Economist's View.

Hang on to your job, if you're lucky enough to have one.
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lutherj Donating Member (788 posts) Send PM | Profile | Ignore Sun Sep-14-08 11:18 PM
Response to Original message
1. The blue bus is callin' us, The blue bus is callin' us
Driver where you takin' us
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Theres-a Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-08 11:27 PM
Response to Reply #1
2. No eternal reward will forgive us now for wasting the dawn
;-)
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swag Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-08 11:28 PM
Response to Reply #2
3. I don't know about you, but I'm gonna have my fun before the whole shithouse goes up in flames.
all right all right all right all right.
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Theres-a Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-08 11:37 PM
Response to Reply #3
4. all right all right all right all right
Freedom's just another word for nothin' left to lose.......Guess we have our freedom now.Thanks george and co.:sarcasm:
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peacetalksforall Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-08 11:38 PM
Response to Original message
5. Read this from the article: Keeping in mind that JUST UNDER a decade is EIGHT years.
"We were engaged in an orgy of imprudent risk taking for nearly a decade and now a heavy price will be paid for the violation of so many simple and common sense precepts of trading.

I truly fear for our economy and our system the next several days."



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sofa king Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 12:17 AM
Response to Original message
6. But... but, I wanted to invest my Social Security in the market!
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Kilroy003 Donating Member (543 posts) Send PM | Profile | Ignore Mon Sep-15-08 12:39 AM
Response to Reply #6
7. Now it's just tied to trillions of dollars worth of voodoo real estate
Not sure if that's any better...
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