Tag Archives: bubbles

Are Public Pensions the Next Bubble?

Are Public Pensions the Next Bubble?

The world is governed more by appearance than realities so that it is fully as necessary to seem to know something as to know it. ~Daniel Webster I used to think that accounting principles were sort of set in stone like 2 + 2 = 4. You take account of how much you have and

Time to Stop the Bubble Machine?

Time to Stop the Bubble Machine?

Debt and deficits are not inventions of ideology. They are facts of arithmetic. ~Paul Martin, Canada’s finance minister at the start of the country’s “Redemptive Decade” Usually our Friday Food for Thought posts highlight a single article. Today, I’m going to highlight and compare 3 great pieces, so this article is a little longer than

The Law of Diminishing Returns

The Law of Diminishing Returns

You can never get enough of what you don’t need to make you happy. ~ Eric Hoffer Remember when you were a kid and you begged, pleaded with, and nagged your parents to buy you something for months on end? You wanted it so badly. It would solve all of your problems and provide you

No Respite in Diversification

Invest a few moments in thinking. It will pay good interest. ~ Author Unknown We’ve been talking about bubbles all week. So far, we’ve outlined 5 financial bubbles and 5 socioeconomic bubbles that could affect your money and your quality of life. It looks like we may have a bubble of bubbles on our hands.