Dr. Blanchard drops by to recommend this excellent beginning to Martin Wolf's Financial Times series "The Future of Capitalism." Great global affairs and philosophies hang in the balance!
For those of you short-attention-span kids, here's a shorter video focusing on the narrower issue of what went wrong with the banking system. Toxic mortgages? Credit default swaps? Learn all about 'em in two videos (Part I below, Part II here), eleven minutes total. Who needs TV?
As I predicted, Mayor Huether cries wolf again and uses the media to take the temperature of voters - Time to collect some beer cans. And he keeps getting the media to fall for it. Though I will give props to Stu for getting in some digs about his indecisio...
3 hours ago