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A Brief Review of Econned

by cactus A Brief Review of Econned I have read the first few chapters of Econned by Yves Smith, that’s about where I re-evaluate and decide whether its worth reading…

Unclear on the Concept

…gas mileage. Well, I’ve got a 1996 Civic, which gets 30-something MPG. But it’s worth less than $4500. So I guess I should sell it for what it’s worth ($2-3000)…

The tragedy of the ratings.

…hundreds of billions. Sure seems that the credibility of the ratings agencies was worth, at least, hundreds of billions to the world economy. That dwarfs the market capitalization of the…

No Bailout Plan

…on by irrational short term market behavior. 4. “Net Worth Certificate Program” This bill will require FDIC to implement a net worth certificate program. The FDIC would determine banks with…

Remembering what we worship

…twice a year event. It is worth exploring again the rules of what is worth worshipping, and how. Each kind of giving has its own worth, but how does one…

HNWIs

…here are some highlights from the press release: “The number of high-net-worth individuals (HNWIs) — individuals with a net worth of at least U.S. $1 million, excluding their primary residence…

The National Review’s Definition of Savings

…savings (an income statement) or the change in net worth (a balance-sheet item)? When one thinks about it, both will result in a higher net worth. If you take the…