The specter of economic meltdown

When the economy goes south, I turn into a business news ADDICT. We may be in heading for the worst downturn since the Great Depression, so you can imagine what I'm like these days. I'm always looking around for the next good stuff.

My favorite sources:

• National Public Radio's Planet Money blog and podcast. Fun, frightening stuff: It's got a casual, shooting-the-sh*t-over-beers vibe to it, cool music and interviews with global economists.
• A triumvirate of big dailies: The New York Times, The Washington Post, The Wall Street Journal. These guys rock. I particularly like The New York Times series The Reckoning, and I particularly recommend their story on ostensible wise man Alan Greenspan.
• Slate Magazine's The Big Money. I'm particularly fond of a Depression-era diary they're running, written by a lawyer who lived through it in Youngstown, Ohio. Check it out here and here.
  

When I get scare of what's going to happen in the coming months, I comfort myself with this thought: the life of the mind is pretty cheap. Instead of spending money, I'll stay home and read The Brothers Karamazov.