December 13, 2017

Book Review | Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown by Wiedemer, Wiedemer, and Spitzer

I can’t recall who exactly recommended this to me when I first picked this up back in 2010 or 2011, but I do recall the cautionary note that they took as they described it and the author’s conclusions. The global recession had begun four years earlier, since which time I had just barely been able […]

Social Value: The Market Is Smarter Than You, Mr. Congressman

Image via Wikipedia Economics. Whether you try to dodge it, ignore it, or explain it away, you cannot escape the laws of economics. Supply, demand, self-interest, etc, etc, etc. It’s like gravity. And like gravity, you ignore it at your own peril. Says Thomas Sowell (though I’ll not get into the partisan part of his […]

Is the recession over, or are there more bubbles?

Image via Wikipedia I’m reading “Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown” by Wiedemer, Wiedemer, and Spitzer. They claim to have seen the current recession coming before it happened, the result of the popping of various bubbles in our economy, including in the housing and credit markets. Interestingly, and perhaps most […]