Wednesday, March 12, 2008

A little help from our friends overseas...

Puzzled by the subprime debacle? Wondering how this whole mess arose?

This summarizes it pretty well, I think.

[via andrewsullivan]

1 comment:

Anonymous said...

Hey Mr. John. I am going to try to comment on this and the other post with maybe just a couple of thoughts.
Prairie Chicken-given the economic state with oil and grain you just knew this was about to happen. And can probably be seen in other markets.
The Downer Cattle- the biggest and most upsetting was the USDA dropped the ball here. Not enough inspectors and the animal rights people folks jumped at the chance,took a few months tho.
Markets and Trading-I feel blessed by not knowing a lot about these. Ignorance does have it's advantages. I watch these to get a pulse on what's happening in the Nation and Agriculture, I don't know a future from a margin call. But THANKS to you and other Ag folks I can usually do good enough to keep the freezer and pantry mostly full.The video made me glad I stayed in construction.
The Seekers- Thanks for putting that on!! I remember walking down the street in my youth with my transistor radio and ear phone listening to" Carnival and Georgie Girl", Thanks for the memory!