…a major component of success. Money and “success” are hardly synonymous, though, for many if not most of us. The 2024 Paris Olympics feature 45 separate sports. A few —…
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What Is Success, Exactly?
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The Longest Year
…until March, some six months after Lehman’s implosion, for financial markets to stop reeling. The S&P 500 stock index opened 2009 just above 900, down from its all-time high of…
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Another Protest Movement Loses Its Way
…arrested. Critics of the law claim that it stifles freedom of expression and have filed a legal motion arguing that it is unconstitutional under Canada’s Charter of Rights and Freedoms….
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How TARP Staved Off Disaster
…as they went along. Mistakes were inevitable. Using TARP money to rescue auto companies was, I believe, questionable. Even with the new optimistic estimates, the Treasury still expects to come…
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Suffering From Financial Repression
…may come as early as next month. The result has been record-low rates across the board. The Treasury can borrow money today for two years at less than 1 percent,…
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In Europe, It’s 2008 All Over Again
Investors clamored last week to lend money to the German government for two years at no interest. Some investors accepted negative yields – meaning they gave Berlin a cut of…
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YouPad, iDon’t
…I favor the Mac’s OS X operating system, I also value the ability to run Windows on this Intel-based full-strength computer, or to connect easily to my main office computer…
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No Insurance Against Medical Debt
…more expensive and many employers offer less comprehensive plans in order to keep compensation costs under control, the issue of medical debt will affect more and more Americans. Eventually, we…
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Did Climate Change Cause Noah’s Flood?
Nessebar, Bulgaria. Photo by Sergey Galyonkin. Regular readers know that I often question why we can’t more rationally discuss the risks of, and responses to, climate change. Scientists may have…
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A Slow Slide To A Hasty Bankruptcy
Detroit’s long march to bankruptcy took nearly a half-century to complete before it ended last week in a race to a courthouse. Kevyn Orr, the city’s emergency manager, scrambled to…
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