Tuesday, September 16, 2008

Things to do in your spare time: economics edition [Bryan]

It has been very interesting to watch the economy collapse the past few weeks one domino at a time. Next stop: the insurance markets that (as I understand it) covered the securities that backed the loans that were given to people who should never have been given loans. It is like watching a slow-motion train wreck. If you have some spare time, stop and gaze upon the spectacle. It is really a wonder to behold -- the wheels of modern economy grinding to a halt. And there isn't a darn thing anybody can do about it now.

Now back to your regularly scheduled programming...

1 comment:

Renee Collins said...

See, that's what I like about you Bryan. You're one of the few people I know who would think of economic collapse as a "wonder to behold." :)