Barometers of financial stress hit record peaks across the world. Yields on short-term US Treasuries hit their lowest level since the London Blitz, while gold had its biggest one-day gain ever in dollar terms. Lending between banks, in effect, stopped.”
Seed: Paola Antonelli + Benoit Mandelbrot
Mar 27, ’08
11:53 PM
Seed: Paola Antonelli + Benoit Mandelbrot: “Pattern is not scale”