Origins of the 2008 financial crash. But what happens when the homeowner guesses wrong? Obviously, if one homeowner plays equity games with his house, and judges wrong, the effect is tragic for his family, but not for the entire economy. The problem is when thousands, or even millions, of homeowners across the country make the same mistake. What causes them to all make the same mistake? Economics and the Civil War.

An independent perspective on foreign affairs, history, and culture. Wednesday, March 30, 2005. So Much for European Outrage. The EU gave the nod today to the contentious appointment of Paul Wolfowitz, the US deputy defence secretary, to head the World Bank.

A Unifying Paradigm of Civil Society. Workforce Action Team 2013 Charter California Economy, California Economic Summit. Dear Workforce Action Team,.

I have moved my blog to the following address. Racing down a mountain on a bike out of control means that you probably need to develop skills along with your courage.

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