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Open Thread: Dalai Lama's Envoys in China, Grand Theft Economy, Bernstein |
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The Dalai Lama's envoys head to China for a meeting with the government, the first since protests broke out in March.
Stirling Newberry on the economy. Yes, in case you were wondering he's still brilliant.
Plus, we're fucked.
Peter Bernstein has witnessed just about every financial crisis of the past century.
As a boy, he watched his father, a money manager, navigate the Depression. As a financial manager, consultant and financial historian, he personally dealt with the recession of 1958, the bear markets of the 1970s, the 1987 crash, the savings-and-loan crisis of the late 1980s and the 2000-2002 bear market that followed the tech-stock bubble.
Today's trouble, the 89-year-old Mr. Bernstein says, is worse than he has seen since the Depression and threatens to roil markets into 2009 and beyond — longer than many people expect.
What's on your innertubes?
