Extremes Become More Extreme, Then Revert to the Mean
A funny thing happens as policies intended to fill financial potholes transition from “temporary emergency measures” to “we need to keep doing this to…
Is Digitization Catastrophic for Civilization?
Is Digitization Catastrophic for Civilization? A common-sense, practical case can be made for “yes.” The answer draws upon a number of my list of…
Is Placing a Wager in a Casino an “Investment”?
Is placing a bet in a casino an “investment”? Absolutely! An “investment” is now defined as a wager, often leveraged, at a gaming table…
Catch-20: The 20 Dynamics That Will Shape the Next Decade
The consensus holds that things are looking up as the mighty forces of technology, political change and the market are all in confluence, reinforcing…
What If Tech, the Market and the State Are No Longer Solutions?
The status quo rests on a foundational belief that all problems, regardless of their nature, can be solved by technology, the market or the…
Is the World Becoming Uninsurable?
I ask the question, “is the world becoming uninsurable?” not as an expert on the insurance industry but as a homeowner who can no…
The Easy Credit, High Interest Rate Swindle
The easy credit, high interest rate swindle has been a financial feature of the landscape for so long it’s rarely examined for what it…
High Interest Rates Are Healthy, Low Rates Are Poison
The economy depends on two related drivers: low interest rates and asset bubbles. These two feed back into one another, as low rates /…