Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
A good Sunday to one and all.
I felt guilty for not posting all weekend, so I at least wanted to drop in a comment cleaner and say a few words. I’ve been spending a lot of time this weekend on two projects – one, my financial history book, which hopefully will be published by John Wiley & Sons before this year is over, and two, my super-duper-secret extra-special project that I’m creating for Slopers that you are going to love. Promise. (more…)
N+1 is a mathematical construct that means there is always one more. If you have 5 then you can get 6, if you have 11 then you can get 12 and so on. Theories are the same way. For every plausible (or implausible) theory, there will likely be another. If there are 5 competing theories, there will likely emerge a 6th. To vary this slightly, if you can construct one explanation for something and either you or someone else can construct yet another explanation, then yet still another explanation is possible – N+1. In time, the correct theory is usually revealed through observation, investigation or entropy. (more…)
Everyone wishes they can get what they ask for. Many will wish, hope, pray, beg, and a whole lot more in trying to convince anyone from people to deity’s. Problem is far more often than anyone wants to ponder, getting exactly what you wanted can have repercussions or other unforeseen issues you may never thought or dreamed of. (more…)
From testimony to Congress:
The ongoing tightening of lending standards, although an appropriate market response, will reduce somewhat the effective demand for housing, and foreclosed properties will add to the inventories of unsold homes. At this juncture, however, the impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained. In particular, mortgages to prime borrowers and fixed-rate mortgages to all classes of borrowers continue to perform well, with low rates of delinquency. We will continue to monitor this situation closely. (more…)
