I know what a housing recession looks like, and this one has barely begun yet.
Read moreSubstituting like-for-like does not get you out of the box. As prices decline, our enemies can simply drop their prices...
Read moreThe point is that editorial boards change slowly. They change even more-slowly than the U.S. Senate, although less-slowly than the...
Read moreThe largest private equity managers today are taking home over $1 billion per year. And they expect this to be...
Read moreStock investors value earnings, and earnings potential. They do not value assets. Monopolies are accumulations of assets, whose earnings potential...
Read moreChinese leaders believe they can continue down this path until the destruction of the American economy from a raise in...
Read moreEvery country must fight The War Against Oil with urgency, and developing countries like India are no exception. But with...
Read moreChancellor Angela Merkel made fighting climate change her top priority. How much she succeeded diplomatically is not for me to...
Read moreThe problem is that the money for working with quantum dots today is primarily coming from medical companies and the...
Read moreFor the most part this summer represents a wait for that point of capitulation.
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