January 12, 2012| 0

Essay: The Financial Crisis: What Went Wrong and a Christian Perspective (part 1 of 3)

Prices on homes in America fell dramatically starting in late 2006, after an unprecedented run up in prices over the previous eight years.  The fallout from this drop was felt around the world in the worst economic recession since the Great Depression.  Its impact seems to have a long “tail.” For example, global jobless rates […]

September 4, 2010| 0

Pogo Possum Answers Questions about the Crash

After the dust begins to settle following some economic calamity we all look for reasons. Many of us look to the abstruse and technical aspects only to discover that people forgot (or ignored) the basics. This time many of us are censuring derivatives when we should be examining the human dilemma. Derivatives are insurance contracts. […]