Three Choices, None Good
We like to think we’re special and this moment in history is special, but alas, we’re still running Wetware 1.0 which was coded between…
We like to think we’re special and this moment in history is special, but alas, we’re still running Wetware 1.0 which was coded between…
Illiquid, Overvalued describes a great many assets that are on the books as “rock-solid investments.” Illiquidity means there are few if any buyers for…
Now that everyone is shouting “look at me!” online in obsessively curated images and videos, I’m wary of posting anything that smacks of Attention…
It’s a big ask, but let’s depoliticize the phrase “make America great again” and consider what this would actually entail, not as a lobbyists’…
I’ve been writing about America’s healthcare system for 18 years, emphasizing two enduring themes: 1) our lifestyle is unhealthy, with predictable consequences and 2)…
I have endeavored to explain how our economy has changed dramatically over the past 50 years beneath the surface. Nothing that’s going to happen…
The first step in solving a problem is to face it directly and identify its sources. If for whatever reason this can’t be done,…
The phrase that best describes the present era is hollowed out. By hollowed out I mean the exterior facade still looks pretty much the…
Let’s indulge in some basic logic: 1. All credit-asset bubbles burst. 2. U.S. housing is a credit-asset bubble. 3. The U.S. housing bubble will…
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