Market Meltdown

Posted On: Fri, 2008-09-19 02:59 by sitapati
As an economist, I am supposed to have something intelligent to say about the current financial crisis. To be honest, however, I haven’t got the foggiest idea what this all means.

- Steven D. Levitt, New York Times

He consults his other economist friends, Diamond and Kasyap, and they have something to say about it, so it gets better.

Alex Jones []wikipedia entry], however, was predicting that this would happen a couple of years ago, back when I was listening to his show. I did a six month stint of listening to him for 3 hours a day.

Why? Because I like observing people who are good at what they do, and learning from them. That's why I went to the Judas Priest concert (shout-outs to Paramatma das).

Here's a mashup for you - sung to the tune of "Metal Meltdown" from JP's 1990 Painkiller:

"Here comes the market meltdown, run for your lives..."

But back to Alex Jones.

Alex Jones is fascinating because he is fully, fully convinced. He is a man with no self-doubt - a total fanatic. And he gets on the radio every day and preaches his message passionately for 3 hours. That's interesting to me. He's also about my age.

And anyway, he was predicting this like a long haired, wild-eyed prophet a while ago. Interesting. I wonder what other of his "conspiracy theories" will turn out to be true...

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Sita-pati das

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jani va na jani, kari apana-sodhana

  1. "Whether I realize it or not, it is for self-purification that I write this blog."


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