Credit Crunch: the home game!

The Economist has come out with Credit Crunch, a board game for three or more.

Best of all, it's free. You won't find a deal like that in the real game.

Print the pdfs and the rules, and you're good to go. You even get to print your own money from the Bank of Econia.

Fun for the whole family!

Ponzi crawl.

From the Urban Dictionary:

A pub crawl that adds a new person to buy a round at each location. Each new person is promised that they will get free drinks at all the future bars if they buy this round. Obviously, whoever joins the ponzi crawl last gets screwed!

Let's get some suckers to buy us beer on a ponzi crawl this weekend.

$13.4 billion to GM and Chrysler.

From http://www.bloomberg.com/apps/news?pid=20601087&sid=aWCQymv.Aapg&refer=home:

General Motors Corp. and Chrysler LLC will get $13.4 billion in emergency government loans in exchange for substantially restructuring their businesses, President George W. Bush announced.

Another $4 billion will be available to GM in February providing Congress releases the second half of the $700 billion Troubled Asset Relief Program fund originally set up to bail out financial institutions.

This kicks the can down the road to President Obama, who's called it a "necessary step".

US equity markets went up on the announcement but are falling back now.