About - Thursday 09 Sep, 2010
Banks, battles, and the psychology of overconfidence
The pace of economic decline appears to have slowed, but the labor market remains weak and, in response, the Federal Reserve is likely to maintain interest rates at "exceptionally low levels for extended periods,"
By Malcolm Gladwell in The New Yorker
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Crisis Culture - Thursday, 21 May 2009
ORINDA, Calif. -- In this wooded, high-end suburb near San Francisco, Darien Destino isn't accustomed to getting deals from people who work on her house. But the dour economy -- which has hurt the home renovation business -- has a silver lining for her and others with cash or strong home equity (...)
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