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Category Archives: Economics
ToolsToLife.com – Life Coach Devlyn Steele
We talk by phone Wednesday afternoon. Originally from New York City, Devlyn Steele lives in Santa Monica. He’s relaunched his personal growth website ToolsToLife.com. Luke: "Coach Steele, why did you become a life coach?" Coach: "My entire life, I’ve been … Continue reading
Posted in Economics
Tagged aviation school, chess team, commercial pilot, life coach, life quot, motivational techniques
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‘The Unincorporated Man’ – A Science Fiction Novel Based On The Ideas Of Economist Milton Friedman
My Orthodox friend Dani Kollin has published a book with his brother Eytan. Here’s a plot synopsis: "A brilliant industrialist named Justin Cord awakes from a 300-year cryonic suspension into a world that has accepted an extreme form of market … Continue reading
Posted in Economics
Tagged economist milton friedman, friend dani, market capitalism, milton friedman, science fiction novel
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‘Chain of Blame: How Wall Street Caused the Mortgage and Credit Crisis’
This is an excellent new book on the mortgage and credit meltdown. The authors get inside the lives of the leading characters in the mortgage meltdown and explain what makes them tick and what makes their business work (or fail). … Continue reading
Posted in Daniel Arnall, Economics, Roland Arnall
Tagged credit crisis, long beach mortgage, mortgage meltdown, orthodox jew, rabbi abner weiss, Roland Arnall
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Maybe The Bailout Worked?
I want to grind my teeth every time I think about the U.S. government bailing out banks, but this Washington Post article says the thing has worked: Sure, you can question how the money was used — many of us … Continue reading
Posted in Economics
Tagged credit default swaps, fannie mae, fannie mae and freddie mac, financial meltdown, lehman brothers, orderly wind
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The Trillion Dollar Meltdown
Remember the Spring of 2007? Everything was great with the economy. Consumer spending was strong. The credit markets looked strong. Sure, the real estate bubble had burst. I am reading this 2008 book by Charles Morris, "The Trillion Dollar Meltdown: … Continue reading
Posted in Economics
Tagged ben bernanke, citigroup cfo, collateralized debt obligations, collateralized loan obligations, global gdp, hank paulson
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