Double Bubble
This post is called the Double Bubble, because it is clear that there have been two very significant bubbles to ripple through the world in the last…
Financial Crisis
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How Global is the Bubble?
We keep on hearing that the current economic crisis is global in nature. That is to say, that each and every country in the world will suffer…
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The Bubble Recovery
One of the greatest travesties to this bubble is the incredible American deficit under the Bush administration. The deficit has ballooned by over $5T in a scant…
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Measuring the Bubble (Depression Deja Vu)
The media is calling this bubble the worst since the Great Depression. That sure sounds scary, but where are the facts? What makes them believe this bubble…
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Why the Bailout Will Fail
Yesterday, the House of Representatives approved the $700B bailout plan, and President Bush quickly signed it into law. Sigh! What I dislike most about this bill was…