It seems that Volvo, a premier maker of heavy over the road trucks for the EU and US markets has begun to see the impacts of the contracting economy. Their orders decline to just 115 trucks ordered for the 3rd quarter of 2008, compared to 41,970 trucks for the same quarter 2007. From Bloomberg: Oct. […]
Direct from the wise mind of Anna Schwartz courtesy of the Wall Street Journal: This (the crisis) is not due to a lack of money available to lend, Ms. Schwartz says, but to a lack of faith in the ability of borrowers to repay their debts. “The Fed,” she argues, “has gone about as if […]
This little cartoon over at XKCD shows the danger of antagonizing those with vast data resources at their command:
If anyone doubted the increasing influence of multiplayer online role playing games, look no further. It seems that in the online world “Maple Story” It seems that this far east focused role playing game is like your average world, and one couple decided to have their online characters marry. Where the story gets unusual is […]
A photo of me at the 2006 OSG Christmas Party in a kilt I have my good friend Sean Church to thank for this nugget of internet insanity. It seems that according to someone with the surname of “Stewart” has declared that wearing a kilt is a sin, and proceeds to cite biblical reference to […]
From the UPI, looks like there was some form of stimulus from the government checks this summer: …the online porn industry reported 20-30% growth in membership rates this summer following the initial round of government stimulus checks in mid-May. That’s normally the slowest time of the year for online porn, AIMRCo said. Proprietors of adult […]
If you are like me (and Webster) you can tear through books at a blistering pace, especially if you find yourself jammed into an airplane seat for 5 hours or so flying off to a client site. Once upon a time I could easily spend $300.00 a month or more at Amazon feeding my reading […]
From contemplate.us: This is somehow relevant to the continuing crisis; I just haven’t figured out yet how. ..bruce w..
Next year, when my job evaporates due to the credit crunch, this is how I will spend my days. Hey look, I would win that swell bike! Courtesy of Flicker via Iowa Hawk
Daily Financial Moment Of Clarity
Again from the wise mind of Anna Schwartz courtesy of the Wall Street Journal: It takes real guts to let a large, powerful institution go down. But the alternative — the current credit freeze — is worse
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