After much speculation, it is real.
Monday, April 19, 2010
Tuesday, April 13, 2010
Financial Crisis warnings - Shouting Fire
From the Economist :
In a normal panic, perception overwhelms reality. Shout “Fire!” in a crowded theatre and people do not wait to see the evidence before they rush for the exits. In the crisis of 2007-08, observes Michael Lewis in “The Big Short”, the reverse occurred. People remained in their seats while the building burned down around them.
In a normal panic, perception overwhelms reality. Shout “Fire!” in a crowded theatre and people do not wait to see the evidence before they rush for the exits. In the crisis of 2007-08, observes Michael Lewis in “The Big Short”, the reverse occurred. People remained in their seats while the building burned down around them.
Wednesday, April 7, 2010
The TTC
Just thought this remark by Pat Tanzola was worth posting:
"The deserving TTC management and Amalgamated Transit Union, who always do right by TTC employees – kudos to them. For example, by resisting the implementation of smartcards, the TTC successfully fights dehumanizing evils like “basic efficiency” and “long-accepted international standards.” Compassionate employers that they are, they let grown men and women watch tokens fall into a glass box while sitting behind a glass cage, eight hours a day, underground."
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