2001 Crisis on YouTube

Leftist filmaker and politician Pino Solana's documentary about Argentina's 2001 economic crisis, "Memoria de un Saqueo" is on Youtube, split up into 12 parts. Here's the first one.

Ecuador Default

Felix Salmon on the coming chance of Ecuador defaulting:

that there's only one person with the ability to tell [Ecuadorean President] Correa to get a grip -- and that's Hugo Chavez. When Chavez is bondholders' best hope, you know things are pretty desperate.

Link

Iceland Winter 2008

Recent events had savaged my net worth by 60 per cent and pushed up my cost of living by more than 20 per cent. Iceland’s plight was mine, too.

On life in Iceland, after the crash. Reminds me of Argentina 2002.

Warren Buffet 1977

from the footer to some long article published by Fortune in 1977 about how stocks are like crappy bonds:

Buffett, who is now forty-six and still operating out of Omaha, has a diverse portfolio. He and businesses he controls have interests in over thirty public corporations. His major holdings: Berkshire Hathaway (he owns about $35 million worth) and Blue Chip Stamps (about $10 million). (link)

Smart guy, maybe I shoulda bought some BRK back then.