Current Economic Crisis: Miscellaneous
Items that just don't quite fit anywhere else.
Paddy Hirsch's "Financial Crisis Explainers"—brief (5 to 9 min), clear explanations of the pieces of the complex financial game that has fallen apart. 27 installments, with more coming regularly. Recommended if you want to understand the details of current financial activity.
Manipulation of markets: Ellen Brown (Web of Debt) concludes that the President's Plunge Protection Team was very active in Sept and Oct 2008. As she explains, the behavior of gold and silver prices should have shot up, not down, as paper assets evaporated....
Saving, Asset-Price Inflation, and Debt-Induced Deflation: Prescient 2007 paper by economist Michael Hudson highlights the growing schism between creditors and debtors. Lots of meat in this lengthy, thought-provoking piece.
Fiat World Mathematical Model: Mish (Mike Shedlock) evaluates money, credit, inflation (not at hand), and deflation (most definitely here, for a long time (Feb 2009).
The Flight to Abstraction: John Michael Greer (Oct 2008) looks at how abstract (vs. concrete) our economy and lives have become.
Everything's Made in China: Pissed off yet? This short (6-min) video may help you vent your frustration, provide some comic relief, or do a bit of both. Warning: some (!) foul language.