What The Fuck Is Going On (how arnold schwarzenegger helps us understand economics)

[phlat]

for the sake of excessive simplicity, here is my understanding of why the federal government now has a controlling interest in both bear stearns and AIG. or more precisely, why this would have all happened if we lived in a world where the things that controlled how value was created and destroyed followed some basic law of plausibility

Comments

[ay_aych]

even though this made me laugh at moments, and even though i read the conclusion, i cannot bring myself to read the whole thing. not because it's too long or because i don't enjoy reading things you write...my eyes just glaze over when i think about this shit.
rachel and i are now laughing about futurebux and weak sauce and still have no idea what we're talking about.
thanks for trying though. really.
when i'm in some sort of modern debtors prison i'll think about you and smile.

[pdxkate]

yep, that about sums it up. You understand economics better than i do though. I hear about futurebux and I want to go break bank windows.

[mattio]

i am so freaked out about this shit.

bunkers in the woods, coin money under the mattress, and eight years of canned foods, here i come.

uh, you still have all that stuff left over from your zombie-defense preparations, right?

help.

[rachelkj]

your futurebux are now worth 1/4 weak sauce per unit and falling.