17th sign of the apocalypse

is, apparently, over 1000 visitors at Calculated Risk late on a weekend night

apparently there are some financial news, or something, everyone seems terribly excited about monday morning

I don't understand, don't think I have a head for big numbers

but I know linking is good

Tags

More like this

Wow. When I was there this afternoon, there were only (only!) 700 or so. I'll have to check again!

And yes, lots to be excited about, in a "may you live in interesting times" way...

As Atrios has occasionally pointed out, it's the financial equivalent of a game of Jenga. Last night they took out a significant piece (Lehman Brothers). Several other pieces (AIG, Washington Mutual, Wachovia, and several others) will likely be removed soon. Eventually the tower (financial system) is going to topple. It's not clear yet which piece will do the trick.

By Eric Lund (not verified) on 15 Sep 2008 #permalink