| Life is too short for a shitty watch
brilliant. how can i argue with that? off to the shops tomorrow.
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| "Japan is clearly set to fall into depression. The yen is now massively vulnerable," Albert Edwards, senior global strategist, Societe General.
-A. msc engg
btw. i passed my thesis defense. =)
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| i am done my thesis.
10 months of grueling background research, 10 months of experiments and 2 months of writing later,
i am done.
its as a massive log was trying to come out sideways. stuck for months, it finally dislodged itself.
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| we are on the cusp of history.
an over used cliche. but entirely salient today.
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| big time. this week has certainly set us up the bomb and wednesday has barely started in the americas...
consider these points. and remember its just this week.
1) lehman bros failing early monday morning. feds do nothing.
2) bank of america acquires merril lynch the same day. bad news panda
3) worldwide markets shed on average 5-6%. trillions of dollars of worth are wiped out in a day. the nikkei slid 6%. my train that evening was delayed 25 minutes due to a jumper. i guess he was a day trader.
4) AIG is on the brink of collapse. feds inject 85 billion in a contradiction of the way they handled lehman
5) russia's micex plunged 20% wednesday morning. government intervention was needed to halt trading and a quick infusion of over 40 billion to three key banks
6) oil is down. by more than 10%
we saw this coming too.
buy gold or silver. or us dollars when the next big bank fails (wamu, im looking at you...) something something "1000 banks will be bankrupt before the end of this year" something somthing wilbur ross...
-A. shakes his head at the scores of twentysomethings that ignore this issue as if it doesnt affect them .
so readers, where on this curve are we now? canada is probably 1-2 stages behind the americans.
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