Just The Facts

Global Capital Asset Death Spiral

>>> If your home is worth around 250K, but the person next door goes bankrupt, and the home goes into foreclosure and sells for 20K - does that mean the new value of your home is now 20K? <<<


I'd say yes. If it were worth more, wouldn't someone have stepped forward to pay more for your neighbor's house?

The End of the End-of-the-World Trade

If you'd re-post those charts on a linear scale instead of logarithmic, I suspect your readers might see a whole different world.

Financial Crisis: Getting Old

The article has merit, if one assumes that current circumstances are simply a rehash of what has happened in the past.


My money is bet on that, which pretty much guarantees that we are now writing new rules for future generations to ponder - LOL!


:)