michele / tags / money

Tagged with “money” (5)

  1. Dmitry Orlov, “Social Collapse Best Practices”

    via http://huffduffer.com/Clampants/2974

    With vintage Russian black humor, Orlov described the social collapse he witnessed in Russia in the 1990s and spelled out its practical lessons for the American social collapse he sees as inevitable. The American economy in the 1990s described itself as “Goldilocks”—just the right size—when in fact is was “Tinkerbelle,” and one day the clapping stops. As in Russia, the US made itself vulnerable to the decline of crude oil, a trade deficit, military over-reach, and financial over-reach.

    Russians were able to muddle through the collapse by finding ways to manage 1) food, 2) shelter, 3) transportation, and 4) security.

    By way of readiness, Orlov urges all to prepare for life without a job, with near-zero burn rate. It takes practice to learn how to be poor well. Those who are already poor have an advantage.


    Transcript: http://cluborlov.blogspot.com/2009/02/social-collapse-best-practices.html

    —Huffduffed by michele

  2. KQED’s Forum: The Art of Making Money

    Author and journalist Jason Kersten joins us to discuss his new book, "The Art of Making Money: The Story of a Master Counterfeiter."


    —Huffduffed by michele

  3. GM CFO Ray Young | June 2009

    Adam Davidson and Laura Conaway asked people on Twitter if they had questions for GM CFO Ray Young. He agreed to answer them, including that bedeviling one about why the company saves money by closing dealerships.

    From http://www.npr.org/blogs/money/2009/06/hear_gm_loves_bankruptcy.html#more

    —Huffduffed by michele

  4. Planet Money: Delicious Cake Futures

    When Joshua Bearman was a third grader, he got locked out of the lunchroom economy. His classmates piled their jazzed-up, sugarfied, food/not food snacks on the table and traded until the best junk won, while Joshua sat on the sidelines with the sardines and raisins his family sent. Then, one magical day, he dreamed up the delicious cake futures.


    —Huffduffed by michele

  5. Planet Money: A New Plan For Toxic Assets

    The Treasury Department unveiled the details of a public-private investment program to help banks get toxic assets off their books today. The plan calls for using $75 to $100 billion from the TARP, Troubled Assets Relief Program, along with funding from private investors, to buy as much as $500 billion worth of these assets. In another Planet Money Radio Dramatization, David Kestenbaum and Caitlin Kenney explain how it’s expected to work. The new program already has its critics, but Columbia Business School professor and former investment banker David Beim isn’t one of them. Beim says he thinks it’s a good plan for the country. The success of the program has big implications for the Obama Administration and Treasury Secretary Timothy Geithner. U.S. policy analyst Sean West of Eurasia Group tells us how he thinks it will play out, politically.


    —Huffduffed by michele