Economics: Bitcoins and the Next Real Estate Crash
It has been my observation over the past 41 years that the real estate market tends crash about every ten to fourteen years. It has been 13 years since the Great Recession, so we are about due.Normally real estate crashes are the result of some malinvestments....
Interior Corridors, Deadly Feasts, and Prions
This really happened: The other day I went to a medical laboratory for a blood draw. As I sat down, I jokingly told the phlebotomist, “I need to warn you. I’m a screamer.” She immediately quipped back, “That’s...
Economics: Bad Idea to Buy French Bonds in 1939 or US Bonds Today
On May 10, 1940, the Germans invaded France. By June 21st – just six weeks later – France had surrendered. It kind of reminds of the old joke about how Euro Disney in Paris had to discontinue their nightly fireworks displays. The local...