Category Archives: uncategorized

alan greenspan can print more money

This is screwed up: “This is not an issue of credit rating. The United States can pay any debt it has because we can always print money to do that” Alan Greenspan on the USA’s credit rating being downgraded on … Continue reading

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banks and casinos

“To call banks casinos, as is often done, is actually unfair to casinos, which are required to hold certain levels of capital because they must be able to cash in a customer’s chips.” ~ Fareed Zakaria (Newsweek June 22, 2009)

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a day in sydney

We spent a fun filled Saturday in Sydney. It was a beautiful autumn day with clear skies. We had brekky In Paddington and then walked to Bondi Junction, calling in at the Paddington markets on the way. We did lunch … Continue reading

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occam’s razor

All other things being equal, the simplest solution is the best. read more about this on Wikipedia

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