“But the Boston police didn’t shut down an entire city. They shut down an entire city except for the donut shops“.
Crossing Wall Street has a great chart showing why you should have been scared of the stock market in 2000 more than in 2008 or now.
There’s been a tempest raging in Washington D.C.’s tiniest teacup over some remarks that Obama’s economic advisor made that had Bob Woodward, the Nixon-slayer, quaking in his polished shoes. In an earlier life, Woodward had written a biography of John Belushi. The guy who came along later to do the same task, only competently, has an interesting description of Woodward’s modus operandi:
Whenever people ask me about John Belushi and the subject of Wired comes up, I say it’s like someone wrote a biography of Michael Jordan in which all the stats and scores are correct, but you come away with the impression that Michael Jordan wasn’t very good at playing basketball.