The Restaurant Industry Reacts to a Messed-Up Economy Plagued by Shortages & Transportation Snags.
Get Used to Higher Inflation. My Thoughts on the Biggest Mess I’ve Seen in Decades.
It works until it doesn’t. Now all eyes are on housing.
And for buyers, it’s a Perfect Time to make a Terrible Deal. The winner in these crazy bidding wars is the seller.
These manias and the rising long-term yields are on collision course.
In 2012, dude offered to buy my book for 1.5 bitcoin, a “Monetary Revolution” that “doubled in 4 months.” I’d just need to hype bitcoin on my site. That’s still how it works. And big highly leveraged players with huge megaphones jumped in.
The historic short squeeze, engineered by millions of deeply cynical small traders, exposed just how rigged the market has been.
During the Financial Crisis, consumers deleveraged by walking away from their debts. And now, with 20 million people still claiming unemployment insurance?
Under the effects of the Pandemic, consumers and businesses grapple with their own “Reset.”
As after the last crisis, fueled by ultra-cheap money, they’re taking financialization of the housing market to the next level.