Tag Archives: inconvenient truth

The Atlantic Online | December 2008 | Pop Psychology | Virginia Postrel

Bubbles start to pop when the momentum traders run out of money and can no longer push prices up.

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FT.com / In depth – Panic grips credit markets

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.”

Posted in Malthus, Polis, Recall, Rod Serling, Vance Parker, Words | Tagged , , , , , , , , , , , , , , , | Leave a comment

Declarations – WSJ.com

Mea culpa The thoughtful and articulate former Reagan speechwriter and conservative writer in the Buckley tradition, Peggie Noonan, explains remarks she made during a commercial break of an MSNBC panel discussion. She denies that when she was heard to say … Continue reading

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