Why Darwin Would Have Loved Botox Discover Magazine (hat tip reader Megan)
Report says Arctic temperatures at record highs PhysOrg
Four Hundred Billion Dollars for a loaf of bread in Zimbabwe Baraz
China Mulls Letting Four Brokers Try Margin Trading Bloomberg. Why is governments’ default answer to problems these days “Break glass and apply leverage”?
Banks Are Likely to Hold Tight to Bailout Money New York Times
Financial crisis: Interest rates to hit lowest level since 1694 Telegraph
‘DIP’ Loans Are Scarce, Complicating Bankruptcies Wall Street Journal. On one level stunning, on another predictable, but regardless, it means fewer companies will succeed in putting together a Chapter 11 reorganization and will instead liquidate.
LIBOR Stress could = $730B in damage already Nick Gogerty (hat tip Felix Salmon)
Sarah “Frodo” Palin and The Cancer School of Economics Bill Cusack, Huffington Post. Despite the title, this is mainly about….sharks.
Antidote du jour:







I know, I know: I try every perspective too, and humankind _still_ doesn’t make a lick of sense. Big Brains = Disequilibrium Potentiators, best I can figure.