Well folks, today’s posting got strange in a hurry. Sometimes you have to go where the muse takes you. So here are some nice reads until Sam Knight takes over with some probably more-interesting stuff tomorrow.
2. Today’s must-read: Brad DeLong writes a clear and hilariously awesome account of why hedge funders hate Ben Bernanke, ‘the “Washington Super-Whale,” so much. “There is a reason that the trade of shorting the bonds of a sovereign issuer of a global reserve currency in a depressed economy is called ‘the widowmaker’.”
And cloud chambers are cool: