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Me and Sylvia on the canal in Qibao (April 2011)

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Jeremy's journal

He became so absorbed in his reading that he spent his nights reading from dusk to dawn, and his days from dawn to dusk; and thus, from so little sleep and from so much reading, his brain dried up, so that he came to lose all judgement.

Miguel de Cervantes


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🦋 Neither a Borrower nor a Lender be

So Bear Stearns is done for. (I did a fair amount of work for them in my first job.) Good analysis from John Quiggin.... More from Jared Bernstein. Nouriel Roubini asserts that it is not in the Fed's power to be of much help here.

posted morning of Monday, March 17th, 2008

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