Month November 2009

What Dubai says about capitalism: Not much

ZeroHedge says Dubai never even remotely resembled capitalism and makes some telling points, detailing what led to the imminent Dubai default on debt: A total discount of the importance of institutional strength A deleterious disregard for even the most basic…

Happy turkey day

The Agonist provides the photo, and has a poem. Great gaggles of relatives will be arriving soon. Much food will be eaten, football games will be watched. And I have no plans to indulge myself in Black Friday shopping (which…