Tag Archives: collapse
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
A 30 Year Mess in the Making
“We have assembled a best-in-class team of policy advisors to drive President Trump’s bold plan for job creation and economic growth.” Gary Cohn, Chief Economic Advisor to President Trump Promises of Slop The art and science of spending other people’s … Continue reading
Prepare for the Unthinkable
Growth and profits mask a variety of problems. They hide business inefficiencies and the money suck of corporate administrivia. They also conceal unproductive staff. But most of all growth and profits obscure the extreme value subtracting forces of bloated management … Continue reading
