I thought this was appropriate to show how the poor dollar feels falling as fast as it has.
The Swedish crisis had strikingly similar origins to the American one, and its neighbors, Norway and Finland, were hobbled to the point of needing a government bailout to escape the morass as well.
Financial deregulation in the 1980s fed a frenzy of real estate lending by Sweden’s banks, which did not worry enough about whether the [...]
Continue reading about Sweden’s Bank Crises should be our guide for todays problems…
And yes the All Caps is necessary, if you have beotheredd to ever read one of the scams. It used to be Nigerians sending fake, “I need to get my money out” emails. But this one that is making the rounds today is sounding too close to the truth…
Dear American:
I need to ask you to [...]
I have to say that one of the more interesting takeaways from WordCamp was how wildly used it was. There was great presentations of how Education has turned towards it. There was a presentation about a project to use WordPress as a backend to create your own personalized Social Network. But the most interesting in [...]
Continue reading about Did you know? WordPress is used by everyone.
A picture is worth $200 billion dollars. Borrowing by banks to cover demand deposits because their assets have less value than their liabilities. Graphic from the St. Louis Fed.
I’d be curious what it would be in relation to the value of money over the years. ie. I know that central banks where not [...]
Here is a story that would probably only work in Britain, where there is a Close Circuit TV Camera on every corner, and being Government owned cameras you can demand the photoage. What government ones that are around the states would hold onto their tape for “National Security.” But what this band did, [...]
Continue reading about Using Government paranoia for your musical gain
A British farmer named Robert Fidler is fighting to keep the city from bulldozing his castl that he built by hiding the construction with hay bales. Officials were unaware of the elaborate castle because hundreds of bails of straw concealed it for four years, the UK Daily Telegraph reported Friday. After Fidler, 59 unveiled [...]
I was walking by the Post Office on Trancas here in Napa, and noticed they had a new gate put in, and they had spray painted 2 signs on the exit out, one saying exit, and the other which I assume was supposed to be “SAFETY.” As you can see they misspelled that, and [...]
