How might the current financial crisis shape financial sector regulation and structure?

I’m not certain why, but I was earlier reminded of a recent statement illustrating the rate at which Financial Services, as a component of US GDP, had grown dramatically in the post-Cold War period. I was startled by the figures I’d heard, but only this evening took it upon myself to actually research the claim.Continue reading “How might the current financial crisis shape financial sector regulation and structure?”

Flood Maps Show Venice Underwater

Venice was once a swamp. That’s just its history. It, and the adjoining Marina del Rey area, were collectively a swampy marsh area that was converted into waterways. When oil was discovered, and cars became more important than gondolas, much of the canal network as filled back in to make roadways. Now we have climateContinue reading “Flood Maps Show Venice Underwater”