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Atomic Comics: If Einstein Had an IRA in 2008

Thursday, November 27, 2008
No Smoking - and Giving Thanks for What We Have

I wonder what Einstein would have said to this past year's bad economic news and how bubbles create essentially the same outcomes over and over again throughout history. I thought the above comic appropriate, since collateralized debt driven by speculation and quants can now travel with the speed of light worldwide, something this internet experiment in complexity we are living in has made possible during this past decade or so. To me, this alone is a good reason for new thinking on what "internet enabling" our society really means from a financial point of view. Afterall, with the complexity of today's networks, can we really leave the world running 24/7 entrusted to computer networks designed in the 1980's?

Hopefully we'll have a better 2009, the world will be wiser and things will start to get back to normal again with some public works investment programs to help spur things along. On this Thanksgiving day, let's give thanks for what we have: friends, family and ideas to help create a brighter future once again.

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