The crisis as a small-town story.
Pretty interesting and easy-worded way to explain how the housing/mortgage problem is the catalyst for this multi-trillion dollar loss. Also, nice use of "Joe the Plumber" as the story's protagonist.
Comparing the 80s collapse of the USSR with a possible US collapse.
You get the idea that it's written by a moderately uneducated Russian, but it's an interesting premise. Maybe, through a terrible political system and an economy that people had nothing invested in, the Russians were able to cope with their collapse better than any country in their situation would be. But I still don't think the US will fall to shambles like USSR. The US economy survived the Great Depression in between two World Wars. A financial crisis based on a mortgage slump will be bad, but not the force that will bring down this goliath yet.
Last but not least, the movie Hot Fuzz killing a classic:
RP
19 October 2008
Interesting Net Articles
Posted by RP at 23:02
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2 comments:
"I anticipate that some people will react rather badly to having their country compared to the USSR. I would like to assure you that the Soviet people would have reacted similarly, had the United States collapsed first."
That part made me laugh.
I hope you didn't not like Shaun Of The Dead. I thought it was next to brilliant.
Also, I am completely un-appologetic for your decreasing hard drive space. My job is only to put up hot fire. Your job is to spend some light scrilla on an external h.d.
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