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January 20 2012
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December 28 2010
November 13 2010
Why Dow 11,000 Is Worth a Lot Less Now Than in 2001 - DailyFinance
I want to look more closely at this sort of thing: finance, understood in terms of "what can I do with this" rather than "what number does it have".October 05 2010
July 05 2010
February 16 2010
October 30 2009
September 23 2009
April 26 2009
March 13 2009
The Federal Reserve is Bankrupt by Matthias Chang « Dandelion Salad
It seems it might be a bad idea to trade *the same* debt *more than once*. Or more than some fixed number of times, maybe. Each time you make a leveraged trade, real information about what is traded is lost, and not fully replaced by the information inherent in the price of the trade. Leverage is good, it makes new things possible by trading time for money. It is less obvious whether trading based on assets already leveraged -- "mortgaged, having liens, borrowed against" is any good.March 03 2009
The Biggest Ponzi Scheme of Them All - O'Reilly Radar
A really good read, and some interesting links in the commentsFebruary 19 2009
January 10 2009
December 31 2008
December 01 2008
October 25 2008
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