Saturday, October 17, 2009

Why Did Wall Street Fall?



SMART PEOPLE!  

That's what some guy in a bar in the middle of the midwest said.  Sadly enough, his reasoning is really really good.  You should probably read the actual NY Times article here before you continue (I was smart and set up a custom link that will work after the NY Times shuts down the online free reading).  Any-who's, on to business...

So just like the guy who wrote the article and Daring Fireball, I really can't find any obvious flaws in this guy's reasoning.  Hopefully you will be able to help me out and find an error in his argument.

Enjoy the read.

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