Foreclosed homes are being damaged at a high rate as homeowners take out their anger on houses before they are forced to move out, increasing the costs for the banks that take back ownership (because they have to sell at a lower price as the new buyer has to pay for repairs.
Is this just another [...]

For the moment let’s zoom out and take a high level or “macro” view to help with our understanding of what is happening in the world. It is very important to understand these trends because of the impact they are having, and will continue to have, on our lives at the “micro” level.
In his [...]

The currency markets remind me of a group of gamblers sitting at a blackjack table. They are all arguing over who is more miserable. They all have their problems and are inherently flawed. The only question is who will fall apart first. Will the debasement be slow or fast?
Since they are [...]