Scratches to Sketches
Tuesday, 28 October 2014
How we beat the 1 percent: This is how the moneyed classes get dethroned - Salon.com
"His answer: the free market. This was a lightbulb moment for Bastiat, a glimpse of the complexity that can develop from a simple starting point. All those fundamental needs supplied, all those goods bought and sold, all those provisions transported at the expense of cash and effort and ingenuity, all those transactions made, and all of it constituting a mechanism that functions so effectively that the good citizens of Paris don't even notice how dependent they are on it—and the whole mechanism created just by allowing people to trade freely with each other. Economists have a shorthand reference to this epiphanic insight into the power of markets: they call it "Who feeds Paris?"
Dennis Gartman: ‘We’re witnessing the end of the oil era’ | Financial Post
"But Gartman's central point is that things look absolutely terrible for crude oil, and while Gartman was reticent to commit to his $10 a barrel call, he added that "it doesn't really matter" where oil prices go exactly, except that they are definitely going lower."
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Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth.
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