- The 50 top hedge fund managers' combined compensation for '07 was 29 billion USD. http://www.nytimes.com/2008/04/16/business/16wall.html?hp
Showing posts with label Dark economic times. Show all posts
Showing posts with label Dark economic times. Show all posts
Thursday, April 17, 2008
Government for the Few by the Few 4/17/08
I read a couple of bone-chilling statistics in the Times in the past two days that while scaring me more than I already am about the immediate economic state of the world, only confirm my darkest suspicions. Reading my way along with Christopher's 8th grade modern European history class this year, I was struck repeatedly by the similarities of the current state of affairs and those of Europe (and the US, and, undoubtedly, dozens of other countries I know nothing of the history of), in the period immediately before the Crash of '29 and the subsequent years of extreme Grapes of Wrath-ish hardship, poverty and suffering that preceded WW II.
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