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It is a sanguine reminder of how connected we are, reliant upon institutions and each other. I posted earlier about the Lehman Brothers phenomenon and how this and related events are likely to dump upon us all from a great height. We can’t escape this connectedness. This afternoon, the power went down at work. Not everything, but [...] News of Lehman Brothers’ collapse is quite a shocker when you put it into context. Up until now, I believe that the largest bankruptcy in history was Enron, valued at around US$70 billion. The Lehman Brothers bankruptcy is estimated to be valued at around US$680 billion. That’s almost a 10-fold increase in magnitude – truly seismic. It’s [...] |
Run Sarb Run
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Run on Wed, Sep 01
11.57 km (05:08 min/km)
HR 146 bpm - Burned 941 C
Cadence 86 spm