When Lehman Brothers went under last September, it was obvious that something very serious was happening. So after being concerned I then had the strange thought that there would be a few good books about that weekend coming out a 6 or so months later. Of course, I never thought that the economies of many countries would be so bad that nobody would have the extra money to buy those books.
The US Public Broadcasting System's Frontline has released the first of three video reports Inside the Meltdown: First Tremors online, and you don't have to pay for it (It is about 1 hour long.).
"Unless you act, the entire system of this country---and the world---will melt down in a matter of days." Hank Paulson during an emergency meeting with senior legislators on September 18, 2008.
Isn't history so often better to read about (or watch programs about) when it is in the past than when you have yet to live through it?
Wednesday, February 18, 2009
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