Archive for October, 2008

Bird and Fortune on the Sub-prime Crisis

A great satirical interview from earlier in the year. Funny, because it’s true.

Roubini speaking in April 2008


100 Tips to recession-proof your life

Here are Times Money’s 100 tips on how to survive the downturn. Click on the links below for advice on how to save thousands of pounds on everything from property and mortgages to energy bills, insurance premiums and motoring costs.
Read the rest here: 100 tips to recession-proof your life

Alan Greenspan admits he was wrong.

So Alan Greenspan admits he’s made some mistakes over the past years. Greenspan - I was wrong about the economy. Sort of.
Congressman Henry Waxman “My question is simple. Were you wrong?”
Greenspan “Partially … I made a mistake in presuming that the self-interest of organisations, specifically banks, is such that they were best capable of protecting [...]

Soros, Roubini and Sachs speaking at Columbia University

Here’s a video of a 2 hour conversation between Goerge Soros, Nouriel Roubini and Jeffrey Sachs which was hosted by the Earth Institute Event at Columbia University last week.
Earth Institute Event: Can we save the world economy?

Fred Harrison and the 18 year property cycle

Fred Harrison is another person with some foresight on the current situation. He is one of the people that was influenced by Henry George. He’s the author of the very gloomy ‘Boom Bust: House Prices, Banking and the Depression of 2010′
Here’s one of his articles from 2005: The Mystery Of Britain’s Missing Recession
Fred Harrison’s main [...]

Marc Faber: Gloom, Boom and Doom Monger

I can’t believe I’ve been posting videos from so many ‘Bears’ but have ignored one of the biggest Doom-Mongers around. (He even has a website called Gloom Boom Doom)
Here are interviews with him from 2007.

Henry George

When I was travelling in Australia I met an investment guru named Paul Anderson. We talked about travelling and he told me how when he was in his early 20’s he was in India. He wanted to know why some people were so wealthy while others had nothing and so began his study of economics. [...]

3 Examples of UK sub-prime mortgages

The government of the UK has always denied that the UK suffers from the same problem of sub-prime mortgages and so called NINJA loans (no income, no job, no assets). Although several investigations have shown that there might be a lot more sub-prime mortgages about than many people realise. As the number of repossessions increase [...]

Red vs. Blue Financial Crisis PSA: Rock Bottom

Red Vs Blue is a ‘machinima’ animation series which means that computer game graphics are used for the animation. Here’s Red Vs Blue’s take on the current situation.