So the DJIA fell approximately 45,000 points this morning, the S&P lost 322% of its volume, and the TED spread just hopped up about 800 basis points. What does this mean to the uninitiated in global economics? LOTS. I reiterate: Things are bad. Let’s hope a bit that they don’t get as bad as they [...]
Posts Tagged ‘tragedy’
Money
October 4th, 2008
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I’m not so sure that I’m so sure what’s actually going to happen with this whole “worldwide financial crisis” business. Just a while ago, we were talking about $200/barrel oil. Now commodities are slipping, credit is unavailable, our banks are being consumed by either the government or each other, and the average consumer, anywhere, is [...]
In the Grand Scheme of Things
September 23rd, 2008
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“The chronicles of Jerusalem are a gigantic quarry from which each side has mined stones for the construction of its myths and for throwing at each other.” The above quote comes from Meron Benvenisti, a former deputy mayor of Jerusalem. It reminded me a bit of an exchange that I had with a former professor [...]
4000
March 27th, 2008
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4000 today in the Fertile Crescent From Laurence Binyon’s For the Fallen: They went with songs to the battle, they were young.Straight of limb, true of eyes, steady and aglow.They were staunch to the end against odds uncounted,They fell with their faces to the foe.They shall grow not old, as we that are left grow [...]
You enter a tunnel of blinding white light…
March 4th, 2008
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Gary Gygax died today. I thought of the time during that ridiculous battle that we were losing badly; I levitated Karl up to that floating purple dragon, Mortus, and he rolled a supercritical and killed it. We were in the gym back in high school. I think I actually shouted out loud when he rolled [...]
Vitamins
February 24th, 2008
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I eat a lot of them. They’re good for many things. But that didn’t stop my glasses from breaking the other day. Yes, they just snapped right the hell in half. Terrible business, really. They were broke like a 1932 Oklahoma wheat farmer. Oooh…too soon? Naturally, I was miles away from home, without contacts, with [...]
Intersections
February 8th, 2008
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I went to Sidney’s this morning for coffee in the usual manner. Ordered a “Shot in the Dark,” which is basically their Peruvian blend with espresso. I explained that I had been born in Peru. This elicited some interested hoots from the wonderful coffee-ladies. Naturally, full disclosure necessitated that the truth be explained, and it [...]
