Tony Petroski

Predicting the Next Great Bubble

There's some very bad advice/speculation in this article.

I did own a house in 2006--several of them. I had one for sale in 2005. The "peak" isn't so easy to see and I still own the houses. I guess I'll wait for the next peak.

If you are going to make the "global warming" play, you are (pun intended) going to get burned, especially since the planet is cooling. But don't worry. In a few years it probably will start warming again. The sensible intellectual doesn't use "global warming anymore, he uses "climate change." Climate change covers everything and you can have your power grab without having to measure anything.

Farmers have been complaining about their lot in life for my whole life--and they run to the government for subsidies. By the author's prediction, they will become as rich as Kings even if they continue to complain and demand subsidies by the government.

I distrust most investment advice that involves "buying a good gun." If that advice is true, then you would be better to "buy men with good guns."