As usual Brin is spot on and worth the read
http://davidbrin.blogspot.com/2008/09/scary-stuff-political-lamp-is-lit.html
Below a link to Russ Daggats Blog (daggat blog) for Sept 23, 2008 in it he includes a letter to Berkshire Hathaway shareholders from Warren Buffet from 2002. It describes the "derivatives and the trading activities that go with them: We view them as time bombs, both for the parties that deal in them and the economic system."
http://daggatt.blogspot.com/2008/09/financial-weapons-of-mass-destruction.html prescient
...he looked over the edge...into infinity...and there in front of him was what he'd been searching for...a peanut butter sandwich...with jelly...he knew the search would continue until he found...milk.
Wednesday, September 24, 2008
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