links for 2007-07-20
By Josh Young
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The web’s fundamental elements are not bricks of content but the mortar of links; links are connections of meaning and involvement. We’re creating an infrastructure of meaning, miscellaneous but full of potential for finding and understanding what matters
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All of the turmoil in the CDO, hedge fund, and subprime space has come about due to a very simple reason: An inordinate number of recent home buyers have been defaulting on their mortgages. Boom begat a feeding frenzy, and corruption followed.
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