My nightmare scenario is that the government saves Citibank once again, as well as the other banks, and business resumes as usual. Then, the next time the system breaks, it breaks much, much bigger.

This is the tragedy of modernity: as with neurotically overprotective parents, those trying to help are often hurting us the most.

My nightmare scenario is that the government saves Citibank once again, as well as the other banks, and business resumes as usual. Then, the next time the system breaks, it breaks much, much bigger.

Janet Yellen at the FED is equivalent to having a biology schoolteacher who has never seen blood perform brain surgery.

What I learned on my own I still remember

What America does best is produce the ability to accept failure.

I want to live happily in a world I don’t understand.