Tag Archives: collapse
How to Prepare for Another Market Face Pounding
“Markets make opinions,” goes the old Wall Street adage. Indeed, this sounds like a nifty thing to say. But what does it really mean? Perhaps this means that after a long period of rising stocks prices otherwise intelligent people conceive … Continue reading
Warnings from Mount Vesuvius
“Injustice, swift, erect, and unconfin’d, Sweeps the wide earth, and tramples o’er mankind” – Homer, The Iliad When Mount Vesuvius Blew Everything was just the way it was supposed to be in Pompeii on August 24, 79 A.D. The gods … Continue reading
Credit Contraction Episodes
Taking the path of least resistance doesn’t always lead to places worth going. In fact, it often leads to places that are better to avoid. Repeatedly skipping work to sleep in and living off credit cards will eventually lead to … Continue reading
March to Default
“May you live in interesting times,” says the ancient Chinese curse. No doubt about it, we live in interesting times. Hardly a day goes by that we’re not aghast and astounded by a series of grotesque caricatures of the world … Continue reading
