interesting to me

I just plucked this out of this investment blog I read, Postcards from Cape Town.  This particular piece that I’m quoting was written by John Authers/Financial Times.  I wasn’t planning on blogging today, but this stuck out, so I wanted to share it.

“The S&P financials was at a new low on Thursday, in dollars. But measure this index in euro and the scale of the collapse in the world’s confidence in the US financial system becomes more apparent. This index has now fallen more than half - 53% - since it peaked in euro terms as long ago as 2001.”

I knew the dollar has been in a nose dive for some time.  I knew that the financial are in extreme crisis mode.  I didn’t know that the drop was this deep.

Oh, and on a lighter note, check out Yann Martel’s What is Stephan Harper Reading. 

Tanya Kyi, (tanyalloydkyi.blogspot.com) a fellow CWILL member emailed me complementing my oatmeal cookie recipe.  She already made a batch, and if her family is anything like my family, I doubt there are any left.  I even lick the crumbs off the plate with these cookies.

Anyway her blog link was under her name, so I clicked on it and obviously read a great deal of it.  That’s how I found out about Yann Martel’s Stephan Harper brilliance.  It was great fun.  You have to go back to the beginning of it though to get the full impact.

Happy reading.  I’m off to bed.

Posted by Meg Tilly on Wednesday, March 12, 2008 in Chewing the Fat

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