Learn Capitalism: Bank Implode-O-Meter
Submitted by johnk on Tue, 07/22/2008 - 00:01.The Bank Implode-O-Meter is an interesting way to learn captialism: by watching it fail. This sector blog/news/community is crazy. It's like the equities sites during the dotcom boom, except this is watching a bust happen. The people doing it are not anti-capitalists; they are into transparency and Ron Paul. There's some contradiction there, becuase it seems like profits and transparency never go hand-in-hand, but I guess they can dream.