Land Developers and Sustainable Economics
October 2008
http://www.sldi.org/newService/SLDIOct2008.html

As previously forecast in this column, a series of financial “Black Swans” is now upon us. These major disruptive events, which by definition were unpredicted by the establishment experts, now include the failures of Bear Stearns, Lehman Brothers, Fannie Mae, Freddie Mac, AIG, Merrill Lynch, Wachovia, and Washington Mutual, with more surprises undoubtedly on the way.

While there have been numerous authorities working day and night to solve the problem, it is important to note that these same people were the ones that were managing the financial system in the first place… This brings to mind some words of wisdom from Albert Einstein – “We can't solve problems by using the same kind of thinking we used when we created them”…

Terry Mock
Executive Director
Sustainable Land Development International – http://www.SLDI.org

Land Developers and Sustainable Economics
October 2008
http://www.sldi.org/newService/SLDIOct2008.html

As previously forecast in this column, a series of financial “Black Swans” is now upon us. These major disruptive events, which by definition were unpredicted by the establishment experts, now include the failures of Bear Stearns, Lehman Brothers, Fannie Mae, Freddie Mac, AIG, Merrill Lynch, Wachovia, and Washington Mutual, with more surprises undoubtedly on the way.

While there have been numerous authorities working day and night to solve the problem, it is important to note that these same people were the ones that were managing the financial system in the first place… This brings to mind some words of wisdom from Albert Einstein – “We can't solve problems by using the same kind of thinking we used when we created them”…

Terry Mock
Executive Director
Sustainable Land Development International – http://www.SLDI.org