Saturday, September 20, 2008
apocalypse now
I have listened to the collapse of the Financial World on my radio as if listening to the demise of some alien world via long-distance radio transmissions. Mortgage backed securities, short selling, bundling, FHA, FNMA, collateralized debt obligations and distressed assets. They boosted the "public debt limit" to 11.3 trillion dollars. Is that even a real number? Couldn't we just put all this bad debt into the Large Hadron Collider (LHC) and make it go away?
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About Me
- dan
- I am the author of 5 books: Android Down, Firewood for Cannibals, The Cubicles of Madness, Robot Stories, and most recently, Various Meats and Cheeses. I live and write in Michigan. My website is at danmanning.com
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