http://cluborlov.blogspot.com/2009/02/social-collapse-best-practices.html
What if you still have a job? How do you prepare then? The obvious answer is, be prepared to quit or to be laid off or fired at any moment. It really doesn’t matter which one of these it turns out to be; the point is to sustain zero psychological damage in the process.
Now there very next line where he says to do as little as possible at work I disagree with, but the idea of preparing to take “zero psychological damage” in interesting.
Interesting story of how a small local bank handled and is handling the re-de-session-pression.
Fascinates me. Its like corporate ankle-bitting.
They are my favorite posts on the consumerist.
Like in the Hitchhiker’s Guide to the Galaxy, whey the heros use the bureaucracy against itself.
iphone subsidy, prepay mortgage, mail back empty credit card offers, ditch land line, no cable, boston market kids meals, using a really old printer
Apple discount or no buy. No cheap netbook –> HP
This fascinating article describes the math behind mortgage back securities.
http://thismatter.com/money/bonds/types/collateralized_mortgage_obligations.htm
Unfortunately, my prepaying on my mortgage isn’t as destructive to their business model as I had hoped.
Nice flash slide show showing how lending and other financial innovations balloon the money supply.