Thinking About Technocracy

Where to from here?

Reuters: US governors need a trillion for their states

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Things continue to go swimmingly in the US.   Several states, Arizona, California, Florida and others like NY, are on the verge.  Here’s their plea for bailout from Reuters.

Basically value in the economy is based on an oversupplied asset: retail housing.  Pricing failed us again.  It inherently moves…and sometimes it even moves down.


Written by ryanlanham

January 3, 2009 at 9:35 pm

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