Supply Chain and Logistics

They now dwarf the US economy. Are they more important than the Fed?
Sovereign wealth funds to dwarf US economy – Telegraph

“The next bubble: Priming the markets for tomorrow’s big crash” by Eric Janszen (Harper’s Magazine)

A fascinating look at the inner workings of the market for subprime mortgages, and the machinations of the groups involved in the industry.  Many good macroeconomic concepts are used; and the question of regulation vs deregulation of a particular kind of curious market discussed.  YOu can get into whether anyone’s conduct was unethical, and whether the palyers were simply using the rational economic approach.  It’s a quick intro to “financial engineering”.

Moody’s – Credit Rating – Mortgages – Investments – Subprime Mortgages – New York Times