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Economy Blog

Economy Blog

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."
Ludwig von Mises in Human Action (Chapter XX)

Monday, September 7, 2009

Morbid:

'Life settlements' bonds could be Wall Street's next big act
Posted by Rob at 2:08 AM

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Books I'm reading

  • World Economic Forum: Global Competitiveness Report
  • George Orwell: 1984
  • Zbigniew Brzezinski: The Grand Chessboard
  • Richard Heinberg: The Party's Over
  • Jim Rogers: Hot Commodities

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Rob
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