Dow Crashes and Burns, a Reckoning and more @ The Roundup

The customary weekly roundup

I really thought it would take more time to crash and burn again (How to Recognize a Bull Trap). The Dow had shed another 733 points in what I can only describe as indescribable. I didn’t expect wall-street to get all fidgety this fast. Some of the financial reports published by leading companies were not that bad at all and exceeded expectations. I guess sentiment on wall-street is just too bearish.

To start this roundup I’ve chosen to point out these articles from the NY Times and The Economist:

• The Reckoning @ NY Times – A series of articles exploring the causes of the financial crisis.
  
  
• Hurting the real economy @ The Economist - A good article which sheds more light on the issue I’ve addressed in: From a Financial Crisis to a Real Crisis: The Makings of a Greek Tragedy?
  

On to the past week’s carnivals:

The Carnival of Personal Finance #174 - The Columbus Day Edition was hosted by Greener Pastures, a young and promising blog on Frugality, Personal Finance, and Sustainability. My post The Credit Crisis Presents a Rare Opportunity for Learning and Experience was chosen as an Editor’s Pick! I enjoyed the following posts:

• 7 mistakes not to make in a crisis @ brip blap
  
  
• How to beat inflation @ The Financial Blogger
  

The 34th Money Hacks Carnival - Fall Into Savings was hosted by Where You
Are Now featuring beautiful pictures of autumn and great posts:

• Debt Destiny? @ Living Almost Large
  
  
• Improving Middle Class Finances Through Education @ My Dollar Plan
  

More from fellow personal finance bloggers:

• How to Save Money on Wine @ Alpha Consumer
  
  
• Financial 911 @ Millionaire Mommy Next Door
  
  
• The True Cause of the 'Mortgage Meltdown?' @ The Financial Philosopher
  
  
• Money Saving Tips and A Frugal Memoir By The Frugal Duchess @ The Digerati Life
  
  
• 5 Problems with Mutual Funds that you Should Know About @ Moolanomy