Gene's Footnotes

I have never been impressed by the messenger and always inspect the message, which I now understand is not the norm. People prefer to filter out discordant information. As such, I am frequently confronted with, "Where did you hear that...." Well, here you go. If you want an email version, send me an email.

March 09, 2009

Credit is not wealth


OK. I admit to sleeping this weekend.

So, to keep up interest, here is a site from Irene. I haven't read it, being sleepy and all and am off to file some papers.

I have to say, after 20 seconds, that this site looks like something I wanted to do, so it must be great.
For the first time in history, currencies everywhere are merely paper…including the world’s reserve currency. The potential…the inevitability…of a worldwide bonfire of these little paper vanities staggers the imagination. The conflagration will be mesmerizing in its size and intensity. You may even find yourself enjoying the view…if you make it a point to be standing far enough away not to be consumed.
Fordham isn't so bad.

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