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Showing posts with label recession. Show all posts
Showing posts with label recession. Show all posts

Monday, February 22, 2010

Keynes and Hayek rap "Fear the Boom and Bust"

If all lessons about economics were this entertaining, I might not have slept through most of those classes years ago...From creative director John Papola and creative economist Russ Roberts comes "Fear the Boom and Bust", a rap song in which legendary economists John Maynard Keynes and F. A. Hayek come back to life and attend a modern-day conference on the economic crisis, but first have a night of wild party.Here 'tis! And I was laughing pretty...

Wednesday, March 18, 2009

$1 TRILLION, which may or may not really exist, getting pumped into economy

The Federal Reserve is sending $1 trillion more into the flagging economy via "purchasing Treasury bonds and mortgage securities".At this point I have lost count of how much money - the evidence for the actual existence of which is about as substantial as that for the Loch Ness Monster - has been "pumped" into the markets over the past six months.Hyper-inflation, here we come...

Wednesday, November 19, 2008

Recession to rob many of fried turkey this Thanksgiving

See the photo on the right? That's me a few years ago on Thanksgiving, holding a golden brown, succulent deep-fried turkey. It's considered the second most dangerous form of cooking known to man (after preparing fugu) and I've done it plenty of times since 2002. And especially for family and friends, who have always enjoyed the exceptionally juicy meat that comes from preparing...