Are We Talking Ourselves Into Recession?

Follow the Rabbit Trail.  The news about Bear Stearns was inevitable considering  Bear’s massive holdings in securities backed by subprime mortgages and other risky investments.  Here is a good article. Are We Talking Ourselves Into Recession? While you can’t talk a strong economy into a weak one, maybe we’re making things worse by focusing on [...]

Carlyle Capital

Here is my take on the whole Carlyle Capital Fiasco. How do things seem? This month, Carlyle Capital Corporation, which was established in 2006 to make investments in U.S. mortgage-backed securities, defaulted on about US$ 16.6 billion of debt. Analyst say that this is directly related to the global credit crunch brought about by the [...]

Are We in a Recession?

Are we in a recession and if so, what does it mean to you? Buffett said in an interview with cable network CNBC that the reports he gets from the retail businesses his holding company owns show a significant slowdown in purchases. “I would say, by any common-sense definition, we are in a recession,” the [...]

Creativity Jazzes Your Brain

Creativity Jazzes Your Brain By LAURAN NEERGAARD – 1 day agoWASHINGTON (AP) – Scientists inspired by the legendary improv of Miles Davis and John Coltrane are peering inside the brains of today’s jazz musicians to learn where creativity comes from. Think dreaming. This isn’t just a curiosity for jazz fans but a bold experiment in [...]

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