Sunday, February 5, 2012


There are some great passages in Roubini's Crises Economics. I will share them as I read the book, but the state of the world system can be simply summarized as ... Bohica. This is past Snafu, past Tarfu, and waaay past Fubar. It's BOHICA, which stands for Bend Over Here I Come Again.


Link Yeltsin was deeply unpopular at that time in Russia, polling no more than 8% and widely blamed for the rise of the gangster oligarch...