Saturday, July 11, 2009


"By 2008, a barrel of oil was traded 27 times, on average, before it was actually delivered and consumed."


Above is Matt Tiabbi's latest research on the financial crisis. Unfortunately, his fairly well researched article (it could have used more links to resources) is slightly undermined by his overly populist writing style clearly geared for the average Rolling Stone reader. However, if you can put up with that, you might find it interesting.

Wednesday, July 1, 2009