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multifarious

"Remember kids! In order to maintain an untenable position, you have to be actively ignorant" ....Stephen Colbert

Thursday, January 8, 2009

It's going to be a rough ride....


They called him "Dr. Doom" and ridiculed him when he warned about what was happening. That was 2006. He was right then, read what he has to say now:

“Because the United States is such a huge part of the global economy, there’s real reason to worry that an American financial virus could mark the beginning of a global economic contagion.” – Nouriel Roubini, March 2008 Last year’s worst-case scenarios came true. The global financial pandemic that I and others had warned about is now upon us. But we are still only in the early stages of this crisis. My predictions for the coming year, unfortunately, are even more dire: The bubbles, and there were many, have only begun to burst.
Posted by Multifarious at 1/08/2009 06:44:00 PM

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Pitchfork Bearing Populist

Pitchfork Bearing Populist
Multifarious
I've been fortunate in my life. I've traveled extensively and have had unique opportunities to visit many countries, regions and cultures. These travels have informed my knowledge of people, their culture, food, art and history. Mostly though I have been given perspective.
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Real Hero's

I admire many people: His Holiness The Dalai Lama (the Bodhisattva (Buddha) of Compassion), Robert F. Kennedy (because he inspired us to feel like a decent people), Sandy Koufax (because he thrilled us so and was the best of his time, maybe all time) Stein Eriksen (a great champion and role model for me as a kid)

Bobby

Bobby
"Some people see things as they are and say why? I dream things that never were and say, why not?"

Sandy Koufax

Sandy Koufax
Win-Loss Record: 165-87 -----Earned Run Average: 2.76 Strikeouts: 2,396

Robert Edward "Ted" Turner III

Robert Edward "Ted" Turner III
Turner entered sailing competitions when he was 11, at the Savannah Yacht Club, and competed in Olympic trials in 1964. In 1977, he successfully defended the America's Cup for the United States as skipper of the yacht Courageous. In the 1979 Fastnet race, in a storm that killed participants, he skippered Tenacious to a corrected-time victory. He was on the cover of Sports Illustrated on 4 July 1977 after winning the qualifying to lead the 1977 America's Cup defense and he was inducted into the America's Cup Hall of Fame in 1993.

Stein Eriksen

Stein Eriksen
Eriksen won the gold medal in the Giant Slalom event at the 1952 Winter Olympics, which were held in Oslo, Norway. He also won a silver medal in the slalom race. Eriksen was the first skier from outside the Alps to win an Olympic men's alpine gold medal. He also won three gold medals at the 1954 World Championships in Åre, Sweden, and a bronze medal at the 1950 World Championships in Aspen, Colorado.

Books By Nobel Laureate Professor Paul Krugman

  • The Return of Depression Economics
  • The Accidental Theorist and Other Dispatches from the Dismal Science
  • Essentials of Economics
  • Peddling Prosperity: Economic Sense and Nonsense in an Age of Diminished Expectations
  • The Conscience of a Liberal
  • The Great Unraveling: Losing Our Way in the New Century

Recommended Reads

  • A Splendid Exchange: How Trade Shaped the World by William J. Bernstein
  • Chinese Lessons: Five Classmates and the Story of the New China by John Pomfret
  • Daydream Believers: How a Few Grand Ideas Wrecked American Power by Fred Kaplan
  • Democracy's Good Name by Michael Mandelbaum
  • Finite and Infinite Games by James P. Carse
  • Hot, Flat, and Crowded: Why We Need a Green Revolution--and How It Can Renew America by Thomas L. Friedman
  • The New Paradigm for Financial Markets-The Credit Crisis of 2008 And What It Means by George Soros
  • The Post American World by Fareed Zakaria
  • The Shock Doctrine: The Rise of Disaster Capitalism by Naomi Klein
  • The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash by Charles R. Morris
  • The World Is Curved: Hidden Dangers to the Global Economy by David M. Smick
  • Wisdom 2.0: Ancient Secrets for the Creative and Constantly Connected

Links

  • ACLU
  • Asia Sentinel
  • Center For American Progress
  • Democracy Corps
  • Eat Drink or Die
  • Fact Check
  • Five Thirty Eight
  • International Herald Tribune
  • Mark Rosenstein's Sailing Page
  • MIT Technology Review
  • National Bureau of Economic Research
  • New America Foundation
  • Political Base
  • Polling Report
  • Project On Defense Alternatives
  • RGE Monitor - Financial Blogs Aggregated
  • Rob Brezsny's Free Will Astrology
  • Shadow Government Statistics
  • Silicon Alley Insider
  • Talk Radio News Service
  • The American Presidency Project - Presidential Job Approval Over Time
  • The Daily Beast
  • The MacArthur Foundation
  • TomDispatch
  • Valley Wag
  • Wikipedia

Blogroll

  • Brad DeLong
    1 year ago
  • Brad Setser: Follow the Money
    8 years ago
  • Brookings: Latest From Brookings
    8 years ago
  • Clive Crook's blog
    7 years ago
  • Dani Rodrik's weblog
    4 years ago
  • EconLog
    7 years ago
  • Economic Indicators and Releases
  • Economist's View
    5 years ago
  • Freakonomics
  • FT.com - Lawrence Summers
    12 years ago
  • Global: Joseph Stiglitz | guardian.co.uk
    2 weeks ago
  • Greg Mankiw's Blog
    1 week ago
  • Interfluidity
  • International Political Economy Zone
    1 year ago
  • James Fallows
    2 years ago
  • Jeff Frankels Weblog
  • John Gapper's Business Blog
    9 years ago
  • Managing Globalization
  • Media Matters for America
    9 years ago
  • MV=PQ: A Resource of the Powell Center for Economic Literacy
    12 years ago
  • naked capitalism
    3 years ago
  • Paul Kedrosky's Infectious Greed
  • Paul Krugman
    7 years ago
  • Peterson Institute Update
    3 years ago
  • Robert Reich's Blog
    14 years ago
  • Slate Magazine-The Undercover Economist
    38 minutes ago
  • The Economists' Forum
    12 years ago
  • The Market Ticker
    8 years ago
  • The New York Review of Books
    1 day ago
  • Willem Buiter's Maverecon
    7 years ago
  • World Economy Blog - BusinessWeek
    13 years ago
  • Zachary Karabell Blog

Blog Archive

  • ▼  2009 (69)
    • ►  August (1)
    • ►  May (2)
    • ►  April (12)
    • ►  March (6)
    • ►  February (13)
    • ▼  January (35)
      • “The risk of a near-depression shouldn’t be undere...
      • Health care now!
      • The Worst Is Yet To Come
      • Will Obama Save Liberalism?
      • It's Pretty Grim Out There, But At Least We Have R...
      • No Time For Poetry
      • On Day One, Obama Sets a New Tone
      • It Is A Great Day To Be An American
      • The Election of Barack Obama Makes Us Proud
      • Mine eyes have seen the glory of the coming of the...
      • I Have a Dream
      • This Land Is Your Land, This Land Is My Land.....
      • "Some people see things as they are and say why? I...
      • A More Perfect Union.....
      • 17 Predictions for 2017. On January 17, 2017.....
      • The Sad Legacy of George W. Bush
      • Next Time I'm Flying USAir.....
      • The 43rd President of The United States
      • The 50 Most Loathsome People of 2008
      • The End of the Financial World as We Know It
      • Pew Global Attitudes Project
      • Bush Serving Bush.....
      • Geez Frank, what surprises you?
      • The Senate Needs To Concentrate On Business, Not B...
      • "We've come to a point where every retailer, in so...
      • Channeling FDR on Public Works
      • It's going to be a rough ride....
      • Harry Smith: Ann Coulter, goofy and sophomoric
      • How we got into this mess....
      • The Truth About the Community Reinvestment Act
      • Ann Coulter's "Today" Show Appearance Canceled
      • Did you hear FDR prolonged the Great Depression?
      • Hint, hint, helllooooooo.....
      • Dear Dr. Krugman, the word is....
      • Welcome 2009!
  • ►  2008 (249)
    • ►  December (16)
    • ►  November (27)
    • ►  October (206)