Tag Archives: economics

In Debt We Trust: A very timely must-see documentary

Growing up in a developing nation gave me the discipline on using credit cards. People in poor countries don’t trust credit cards. I remember getting my first credit card only after I had a good job. But since my parents brought me up with a mindset of living a “debtless” life, up to this day […]

To Conservatives and Liberals: It’s the Black Swan, Stupid!

As I write this Washington Mutual had just collapsed–”the largest bank failure in American history”–and the bailout talks just ended in chaos. Swell. I’m ignorant when it comes to the complexity of economics. But it seems to me that there are plenty of blame to go around: government, banks, and people who took loans they […]