There is some advice that is so bad, as an act of public service it is necessary to debunk it. In this post, it’s about foreign real estate, or more specifically, why you should never buy foreign real estate. Five reasons not to buy US real estate 12 Reasons to Buy Real Estate Overseas Despite… Continue reading Why Foreign Real Estate is a Bad Investment
Month: January 2017
Trump’s Muslim ‘Ban’
It’s been absolute pandemonium offline and online after Trump announced his Muslim ‘ban’. I have never seen anything like this…so much outrage, virtue signaling, and holiness spiraling over something that affects relatively few people and is far from binding. The funny thing is, this is the first time the liberal media is attacking Trump for… Continue reading Trump’s Muslim ‘Ban’
Smart, Optimistic Millennials
Browsing /pol/, you’re get a mini history lesson (about the Eastern Roman Empire and Catholicism), an economics lesson (about why Argentina is stagnant despite abundant natural resources, and about sovereign debt yields), a pharmacology lesson (about psychedelics), and even a grammar lesson. If you went back in time 40-60 years ago and showed this screenshot… Continue reading Smart, Optimistic Millennials
Doomsday prep for the super-rich
This article by the New Yorker is going viral: DOOMSDAY PREP FOR THE SUPER-RICH (Some of the wealthiest people in America—in Silicon Valley, New York, and beyond—are getting ready for the crackup of civilization.) The article was shared hundreds of times on sites such as Reddit, and the same liberals who express outrage at finance… Continue reading Doomsday prep for the super-rich
The American Dream Still Exists–If You’re Smart Enough
From Freakanomics Radio: Is the American Dream Really Dead? It depends how you define it and for whom. The podcast defines the ‘American Dream’ in terms of upward mobility, or the percentage of people born in the bottom fifth of income who advance to the top 20%. Because the size of each bracket is always… Continue reading The American Dream Still Exists–If You’re Smart Enough
Stagnant Inflation-Adjusted US Wages: Putting Things in Perspective
Headlines about stagnant inflation-adjusted wages in the US, are becoming increasingly common. Real wages have not budged since the 60’s: However, WSJ had an article discussing how wages are higher when measured by a different inflation index, and also after accounting for increased employee benefits in the form of employer-subsidized healthcare. This trend is not… Continue reading Stagnant Inflation-Adjusted US Wages: Putting Things in Perspective
Why NRx is Popular on Reddit
Reddit’s users are predominantly millennials, and ideologically, the site tends to have an anti-authoritarian, anti-establishment, and contrarian bias, yet NRx and related ‘Dark Enlightenment’ views are surprisingly popular there despite reactionaries generally advocating ‘more power’, not less. When Moldbug in 2016 did an AMA it was very well-received, and judging by the up-votes, many Reddit… Continue reading Why NRx is Popular on Reddit
Trump Presidency: Sober Expectations
Trump’s inauguration speech was very ambitious….if he accomplishes just 10% of it (and assuming there are no negative economic consequences), his presidency will be a success. Of course, it’s very hard to predict how history will judge Trump, but I’m predicting he will surpass expectations, meaning that he’ll be a better president than many in… Continue reading Trump Presidency: Sober Expectations
A Skeptic’s View of Fred’s IQ Artilce
From Fred Reed; IQ: A Skeptic’s View As anyone who has read Fred Reed’s columns knows, he has a soft spot for Mexico, possibly stemming from the fact he lives there with his wife and children, ardently defending the country against so-called ‘IQ-ists’ who insist Mexico only has an IQ of around 85, which Mr.… Continue reading A Skeptic’s View of Fred’s IQ Artilce
The ‘New World Order’
From Unz: Risks and Opportunities for 2017 Russia is now the most powerful country on the planet. I know, I know, the Russian economy is relatively small, Russia has plenty of problems and just a year ago Obama dismissed Russia as a “regional power” while McCain referred to her as a “gas station masquerading as… Continue reading The ‘New World Order’