This American Life's hour-long show on "credit-default swaps" is the best explanation I've heard so far for what the hell these things are and how they ended up causing so much havoc. I keep asking economists, bankers, and finance people what this is all about and while I understood that somehow an exotic, unregulated, non-standardised financial instrument had created trillions in semi-illusory wealth, I just couldn't really understand exactly what that meant. This hour-long audio show does a great job of explaining the technicalities of CDSes, and then delves into their history, regulatory context, and problems, ranging from Congress to bankers to people on the street. Great stuff -- an hour well spent.
It’s time for a power upgrade — throw out that tired-out power strip and swap in this family-size USB charger, packed with 6 high-speed ports. With a built-in control chip, Kinkoo optimizes each port to ensure the fastest charging possible for all your devices. The Kinkoo is made from high-grade and durable materials so you […]
Watching Netflix, Hulu or other streaming services can unfortunately be difficult while traveling outside the US. Rather than bypass these restrictions with the help of a complex and slow VPN, choose a faster and simpler solution with Getflix. Instead of rerouting all your Internet traffic through a different server, this handy service only routes the […]
Shake, stir, and muddle your way to delicious homemade cocktails with this must-have bar set. Expect only the finest quality tools from MakersKit — enabling you to unleash your inner mixologist.Top 12 Favorite Things of 2014, Sunset MagazineQuart-size vintage-style Mason jar shakerRetro double jigger for accurate measurementsStrainer & spouts for a mixologist-style smooth pourHardwood muddler […]