Few things are simplex, most are complex – and when it comes to the current financial meltdown, the failures go beyond complex to multiplex.
Simplex, Complex, Multiplex
Few things are simplex, most are complex – and when it comes to the current financial meltdown, the failures go beyond complex to multiplex. No depression coming, but a serious recession – here’s a lecture that enumerates the multiple sources of the multiplex stall we are in.
* My wife has a quibble with the statement on underwriting standards – she says in the bigger institutions the underwriting standards were there, but were too often over-ridden by Regional Managers to hit volumes. If regulators don’t pay attention to who can over ride an Underwriter’s “NO way in Hell!” as well as the securities risk managers, then we will just be back here in a few decades.
Joss Whedon is one of the best if you like cutting comedy in a SF/Fantasy vein that’s current. He’s most famous for the Television series, Buffy the Vampire Slayer, and the recent movie Serenity. His latest offering is Dr. Horrible, and the DVD is now out.
It’s a hilarious musical send up of comic book villians and heros starring the fellow who used to play Dougie Hauser, as well as the lead from Serenity. It’s a brilliant bit of cutting edge comedy insanely bordering on the verge of camp and kitsch without falling into a pit. I originally subbed to the whole series on my Ipod, but now want to see it large screen.