Here's a video interview with The Black Swan author Nasim Nicholas Taleb and his mentor, mathematician Benoit Mandelbrot, who say the current economic situation could be worse than the great depression.
"The banking system, the way we have it, is a monstrous giant built on feet of clay. And if that topples, we're gone."
Maybe that's why the US Gov't has pledged $7.7 Trillion (half of America's annual GDP to fix this). I wonder if it'll work?
(Via Homegrown Evolution)
Mark Frauenfelder is the founder of Boing Boing and the editor-in-chief of MAKE and Cool Tools. Twitter: @frauenfelder. Come and hear Mark speak at the ALA conference in Chicago on July 1.