Monday, December 29, 2008

visual guide to the financial crisis

Wonder how the financial crisis got to our current sad sad state? Wonder no more! Here is a visual "flow chart" that walk-through and summarize the events.

In short.. Never under estimate the power of "GREED". History has show over and over again, as long as here is human capacity for greed, we'll continue to have financial bubble that leads to a major crisis.

Tuesday, December 23, 2008

cheap vs frugal

It's has been on my to do list to write a blog entry on this topic for a long time. Happily to report that one of my favorite blogger has written just such topic.

If you haven't visited, I highly recommended it.

Saturday, December 13, 2008