Sunday, November 23, 2008

The Fragility of the Economic System

I watch the Bozo Business reporters on CNBC and Fox. Mostly CNBC early in the morning and during lunch. They're pretty much cluess and I don't mean that in a nice way. Here's an excellent example of this. Follow the link and watch the video. It contains interviews with Peter Schiff on various news programs. The video was floating amongst the traders.
Trader Talk

Here's an interview with Nassim Taleb and Benoit Mandelbroit on the economy. They're very worried about what will happen.

Read more by Taleb at his website Fooled by Randomness. I've read his book The Black Swan, but haven't read the book Fooled by Randomness.

I'm in the process of reading Mandelbroit's book The (Mis)Behavior of Markets.

No comments: