Emily and I were talking TED Spreads and LIBOR while chatting about how Chrisopher Cox and Henry Paulson (then CEO of Goldman Sachs) covertly opened the gates of Hell four years ago.
So now we know the language of international finance. Derivatives and credit swaps are second nature now.
It's been such an educational century. We learned about how to weaponize anthrax, and the diverse religious cultures of Afghanistan. We learned of Sunni and Shia, and fundamentalist Saudis. We've learned of counterinurgency and so much more.
The educational century.
I wish we weren't about to learn about economic depressions ....
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