3.31.2010

Postcards from the edge

I'm barbecuing pizzas on the back deck, a sliver of a glimpse of the Pacific, the sky not quite sunset yet but looking like the painted sky ceiling of the shops at Caesar's Palace, and hoping this Great American Ponzi Scheme can keep going for a few more years, a few more decades for the kids' sake...

1 comment:

reddog said...

I hope it can keep going too. Don't you mean Paris, Paris?

Barbecued Pizza. I like the concept. I'm going to look it up.

QE has permanently ruined bonds for investors

You used to earn an interest rate roughly inline with nominal GDP growth, even slightly better. Since the Fed started manipulating interest...