Let's Visit Some More Villages
March 15 ,2009
By this point you should be getting pretty good at designing villages. Do you think you can make one from scratch?
Villages in China:
Villages in England:
Villages in Germany:
Villages in Italy:
Villages in Japan:
Things to pay attention to:
1) Really Narrow Streets
2) Buildings close together (usually multistory)
3) No cars.
In that order.
Soon, we will see why they are in that order. That's all for now!
Other posts in this series:
February 15, 2009: Let's
Take a Trip to the French Village
February 1, 2009: Let's Take a Trip to the English Village
January 25, 2009: How to Buy Gold on the Comex (scroll down)
January 4, 2009: Currency Management for Little Countries (scroll down)
December 28, 2008: Currencies are Causes, not Effects (scroll down)
December 21, 2008: Life Without Cars
August 10, 2008: Visions of Future Cities
July 20, 2008: The Traditional City vs. the "Radiant City"
December 2, 2007: Let's Take a Trip to Tokyo
October 7, 2007: Let's Take a Trip to Venice
June 17, 2007: Recipe for Florence
July 9, 2007: No Growth Economics
March 26, 2006: The Eco-Metropolis
* * *
Chris Whalen on CDS: This is a fairly sophisticated discussion of the problems of the CDS market, which the author recently called "Acts of Satan." Isn't it interesting that the pros think this stuff is waaaay worse than the general public? My overall impression of this discussion is: the entire enterprise is whack, and will probably cease to exist not too long from now. It's all trading sardines until someone defaults -- and there will be plenty of that in the future.
Whalen says that some CDS -- maybe most of it, or all of it -- was written to be senior to debt in the event of bankruptcy. Well, that's a little problem!