A Bubble Economy… that’s about to burst again

By on July 12th, 2017

The media loves to tell us that everything is great and getting better. After all, the numbers are going up, right?

Well, sometimes numbers go up because there is actual growth and business expansion and standard of living improvements.

But sometimes numbers go up because there is an artificial propping-up of a particular industry (like real estate c. 2006-2007). Or sometimes there is simply an artificial increase in the money supply (or in easily-available credit) which means things are worth more dollars, which looks great on paper, but each dollar is worth less things, which is… not so good. If that is the case, it would mean the standard of living and business growth are actually declining as a result.

So which is it? Continue reading

If You Have Post-Election Fear, Read This

By on November 9th, 2016

 

No matter whether your candidate won or lost, I think we can all agree: we’re glad the shitshow is over.

But maybe your response is fear.

If it is, I just want you to consider this: you and I make the world what it is, not some villains sitting in office. And if that’s true, they deserve neither our hopes nor our fears.

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Forbidden Thoughts in the Pre-Election Frenzy

By on October 12th, 2016



You remember those plays you went to when you were a kid, where you’re suppose to cheer for the good guy and boo the villain, or else it’s all going to go to hell?

It’s a nice illusion for the kiddies. It makes them feel like they’re in control of the outcome of the story.

We’re still playing it, aren’t we?

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Should We Fear the Future? The Case Against Cowering

By on November 17th, 2015

 

“There’s a lot of scary stuff going on right now.”

I’ve heard some version of that from friends, colleagues, and family members pretty much my whole adult life.

Hey, they’re not wrong. Fanatical terrorism, genocidal wars, every Western government in the world going bankrupt (seemingly at once), the banking system and stock market on the verge of collapse, the spread of super-diseases, the industrialization and poisoning of the food supply, loopy fascist maniacs on the verge of being elected…

Here’s what’s certain: the world will look very different in ten years. Maybe sooner.

Does that mean we should just curl into a ball and wait for the end?

Maybe.

But let’s consider a few things first, shall we? Continue reading

Review: The Four-Hour Workweek

By on April 11th, 2015

 


A manual on how to be Tim Ferriss.

And let’s face it, not everyone wants to be Tim Ferriss. Probably not even a lot of people, really. (Though you wouldn’t know it from his sales figures.)

So, unless you happen to be Tim reading this (what’s up, Tim?), there will be great scads of the book that you don’t feel apply to you.

Here’s the key: those sections will be different for each person. Perhaps you want to find a niche market and put your income on autopilot, so that section will be very useful to you, but you have no interest in mini-retirement vacations, so that part you will skim. Or vice versa.

The only person who wants to be exactly Tim Ferriss is Tim Ferriss. So this book is guaranteed to be disappointing, in at least one respect, to YOU. Get it?

(Again… unless you’re Tim. Don’t you have better things to do, man??)

Does that mean you can’t learn anything here? Of course not. There‘s probably at least one thing that Tim Ferriss does (or conceives) better than you.

For my part, I found plenty.

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