December 2008
You are browsing the archive for December 2008.
My lessons from the crisis of 2008
“Those who cannot remember the past are condemned to repeat it.” George Santayana, Spanish philosopher I have just finished reading my gift from Father Christmas, “The Ascent of Money: A Financial History of the World”. This is the newly released book by renowned British historian Niall Ferguson. 2008 was not a first. In the past [...]
Top 10 Financial Collapses of 2008
Time Magazine has published its list of the Top 10 Financial Collapses for 2008. The list is interesting, but I most liked the commentary about what contributed to each collapse. Hindsight is a wonderful thing, and it makes it easy to criticise what now appears as stupidity. So I applaud courageous people like Alan Greenspan who [...]
A generational guide to the economic slow down
Author Tammy Erickson shares some interesting tips for making the most of the current economic environment based on your lifestage. Listen to the quick interview (11mins) she did on the Harvard Business Review podcast (episode 123). At the conclusion of the interview the interviewer references a blog post by Erickson where she makes the point that [...]
Kiva gives good karma
Scott Pape, author of The Barefoot Investor, has written an interesting in-depth article about a micro-finance lender who faciliates loans between you and some of the world’s poorest entrepreneurs. Read about Kiva.org on Scott’s blog here. Visit Kiva.org here to learn more about how you can make a difference with your wealth.
How the Global Financial Crisis Started
Courtesy of Scott Adams, the creator of Dilbert. (The full strip may not show below, so click on the image to see the third pane of the strip.)
Stimulate a Financial Planner
As the first of the Government’s fiscal stimulus hand outs are distributed, the Prime Minister Kevin Rudd is urging Australians to be patriotic and stimulate the economy by spending it. Retailers would love you to spend it in their shops before Christmas, but economists agree that it doesn’t really matter what you spend it on, [...]
Thanksgiving Menu 2008
I just read this bit of wit in the December edition of Noel Whittaker’s newsletter. Whittaker didn’t quote the source, but I think the person is worthy of congratulations as it is quite clever. So if you know the origin please let me know. Appetizers Mélange Of Frozen Markets Tossed Assets With Government Guarantees Frisée [...]
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