Greenspan's easy credit orgy... corn fueling Hummers... global food shortages.
Some call it the Law of Unintended Consequences. Some call it the Butterfly Effect. I call it Everything is Connected.
We thought we could have an economy driven by ever-increasing consumption paid for by ever-increasing debt on ever-increasing assets. We thought negative consequences were a relic of the past in the era of The Maestro. We thought wrong.
Terrible to see those Third World food shortages and riots. But we're insulated over here, right? Wrong. Everything is Connected.
As T-Dub pointed out, Greenspan's Body Count may be turning into a genocide.
Skeptical CPA has some good posts today about the food crisis and its causes.
Some call it the Law of Unintended Consequences. Some call it the Butterfly Effect. I call it Everything is Connected.
We thought we could have an economy driven by ever-increasing consumption paid for by ever-increasing debt on ever-increasing assets. We thought negative consequences were a relic of the past in the era of The Maestro. We thought wrong.
Terrible to see those Third World food shortages and riots. But we're insulated over here, right? Wrong. Everything is Connected.
As T-Dub pointed out, Greenspan's Body Count may be turning into a genocide.
Skeptical CPA has some good posts today about the food crisis and its causes.
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