This Housing Bubble Is Different: It’s Much More Precarious
And what happens next? Bubble symmetry: valuations fall at the same rate as they rose, declining…
And what happens next? Bubble symmetry: valuations fall at the same rate as they rose, declining…
Be careful what you wish for, because currencies are not abstractions we ponder, they are commodities…
Yes, I'm rattling the begging bowl. Beneath the veneer of normalcy, things are no longer working…
In a system maintained by ever-greater extremes, confidence erodes very quickly once the next extreme fails…
This is how we'll end up with severe shortages of truly skilled labor and high unemployment…
Imagine the immensity of their disappointment in discovering Earth offers few opportunities for trade or investment.…