Here’s a question: What if, just maybe, it’s our way of life itself that’s a bubble?
The Opulence Bubble
Here’s a question: What if, just maybe, it’s our way of life itself that’s a bubble? To illustrate why I ask, consider this set of questions: How’s your house price doing? Where would your 401K be, if central banks withdrew life support for banks? How steep is a college education this year (hint: on average, […]
May 20, 2011