Friday, March 14, 2008

Boy, You Leave Town for a Couple Days....

While my school has been on spring break, I've been out of town attending to some personal business. I've been out of touch and, as I hope you've noticed, I've not been posting since Monday.

Anyway, I get back home today and start checking around and find a financial crisis. While I have no idea what is going on, here's one explanation that seems plausible to me. Hopefully, more will come out this weekend and a clearer picture will available on Monday.

Thanks and a HT to Tyler Cowen at Marginal Revolutin for the lead.

I look forward to any comments or ideas you may have.

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