It is clear now that de-regulation is the primary cause. Recreate the firewalls and regulations that were established after the great depression and we will see another 50 years of drama free economics. An I want that extra boost of juice to get me through the day.
The solution is complex and could center around investment confidence. I believe the more interesting question is what happened and why. Where wealth, greed, power and secrecy intersect men will seek advantage. Regulation, reporting and accountability are going to be key to reducing the impact of melt downs. I believe we need to firewall investment types from becoming overly intermingled and diversified. The scope of the problem is magnified by how many deals were leveraged by other investments, insured with the same capital, and funded by ubiquitous credit and equity. The bubble of speculation and greed was buttressed by a sycophantic media that reported the fresh water pearls of CEO's quotes as valuable market indicators, who proscribed buy buy buy without judgment nor knowledge. What measure of blame sits with the consumer? I don't know. How many bought into a lifestyle that they they couldn't support - how many were sold a that dream not knowing the house of cards they had just bought?
The solution is complex and could center around investment confidence. I believe the more interesting question is what happened and why. Where wealth, greed, power and secrecy intersect men will seek advantage. Regulation, reporting and accountability are going to be key to reducing the impact of melt downs. I believe we need to firewall investment types from becoming overly intermingled and diversified. The scope of the problem is magnified by how many deals were leveraged by other investments, insured with the same capital, and funded by ubiquitous credit and equity. The bubble of speculation and greed was buttressed by a sycophantic media that reported the fresh water pearls of CEO's quotes as valuable market indicators, who proscribed buy buy buy without judgment nor knowledge. What measure of blame sits with the consumer? I don't know. How many bought into a lifestyle that they they couldn't support - how many were sold a that dream not knowing the house of cards they had just bought?
clean interface, stable applications, tight integration with OSX and the fact that Ill start wearing black mock tees and blue jeans. Oh and ill be cool and people will like me and my wife will stop hitting me. she only hits when she drinks. she drinks alot.
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Jul 28th 2009 2:24PM (Engadget)Engadget's recession antidote: win a mophie Juice Pack Air for iPhone 3G!
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Mar 24th 2009 2:02PM (Engadget)confidence. I believe the more interesting question is what happened
and why. Where wealth, greed, power and secrecy intersect men will
seek advantage. Regulation, reporting and accountability are going to
be key to reducing the impact of melt downs. I believe we need to
firewall investment types from becoming overly intermingled and
diversified. The scope of the problem is magnified by how many deals
were leveraged by other investments, insured with the same capital,
and funded by ubiquitous credit and equity. The bubble of
speculation and greed was buttressed by a sycophantic media that
reported the fresh water pearls of CEO's quotes as valuable market
indicators, who proscribed buy buy buy without judgment nor
knowledge. What measure of blame sits with the consumer? I don't
know. How many bought into a lifestyle that they they couldn't
support - how many were sold a that dream not knowing the house of
cards they had just bought?
Engadget's recession antidote: win a Vuzix AV310!
Mar 11th 2009 2:10PM (Engadget)Joyswag: Joystiq's Legendary Halo 3 Giveaway
Sep 25th 2007 1:36PM (Joystiq)Giveaway: have an iPhone on us!
Jun 29th 2007 8:33PM (Engadget)Win yourself some Shure headphones!
May 25th 2007 8:29AM (Engadget)