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don't worry about the economy

the journal of Michael Werneburg

twenty-seven years and one million words

Toronto, 2012.05.22

Gee, these gloom and doom merchants never let up.

I mean how bad could it really be? Bank runs in Greece and Spain. Hints that JPM may be a Bear Stearns-style house of cards. Total derivatives for the top 25 banks is a svelte $230T. The US operating without a budget this year (once more). Psha. What's the worst that could happen?

rand()m quote

If you want your wife to listen to you, then talk to another woman: she will be all ears.

—Sigmund Freud