17 March 2008

Holeeeeeeeeeeee Crap!

A little followup from today’s earlier post.
From the research pages of the Federal Reserve Bank of St. Louis:

click for larger illustration
If you are good at reading graphs, you will probably have a tough time sleeping. If you aren’t

17 March 2008

Erin Go Broke?

It may well be Black St. Patrick’s Day: today may well prove THE most crucial day on Wall Street since 1929. The Fed continues to pursue the same policies they have since September, with little success.
And the world markets are reacting in horror,