The majority of society lives in economic denial, sustained by sifting positive facts from the news that will support their desired outlook. On February 9th, Stan sent me the following quote through which I saw a lot of economic denial: The stock market is rising because the stock market is rising. That’s all we […]
Sustainable economics starts at home … in that it starts with homes. It stands to reason that, if the economy can only grow through housing expansion, we will someday have nowhere left to stand. On February 9th, 2011, I wrote to my friend Stan about sustainable economics: The entire government is failing to learn. […]
How The Great Recession Blog came into being. On February 3rd, 2011, I wrote about some ideas to Stan for his own website. As he didn’t take up that focus right away, the idea grew within me to develop my own website on this theme. Many months later I followed through with that and began The […]
At the start of the fourth year of the Great Recession, people were ready to hear good news, and the press glibly passed along any ray of sunshine they could find without ever questioning it. Here is one example. On January 28th, 2011, I wrote the following observation to my friend Stan about the […]
On Jan 19, 2011, Stan wrote: A strange statement from [a writer I just read]: “China needs to bring more jobs to the United States…….” ….Who ??? And this is even stranger ? “Until China figures out a way to link itself to the idea of job creation . . . you are always going to […]
The next article begins a series of excerpts from letters written to a man I shall simply call by his first name. Stan is a Chinese-American investor, who travels extensively through Asia, who has lived in Taiwan and Hong Kong for many years. He’s a former financial advisor and a personal friend. I share these […]
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