Bitcoin continues its descent, now at $3,350 with no bottom in sight still. I don’t think Bitcoin longs realize how bad things have the potential to be. If they seem bad now, with Bitcoin 84% off the highs, it can get a lot worse. That’s why I have never recommended to buy the dip. How… Continue reading $50 Bitcoin? Possible

This article is going viral The Housing Boom Is Already Gigantic. How Long Can It Last? The viralness is due to the article combining two of the three elements of the wealth-intellectualism-individualism trinity, those being intellectualism (generally, high-IQ people, who have more money and thus are more likely to be homeowners, are interested in home… Continue reading The Housing Boom Is Already Gigantic. How Long Can It Last?

Probably one of my favorite and underrated presidents in recent history is George H.W. Bush, because I can identify with him the most. He’s someone who should have never been elected. He won because voters thought they were getting four more years of Reagan, the Willie Horton ad was really effective (so much so that… Continue reading George Bush

Arnold asks “Why some things get expensive” No one denies U.S. healthcare is expensive. In fact, medical bills are leading cause of bankruptcy for Americans. But a more precise question is, are U.S. healthcare costs unduly high? What I mean is, adjusting for quality of care, malpractice, hospital conditions, prognosis, and a bunch of other… Continue reading Are Americans Paying Too Much for Healthcare? It’s complicated

Over the past few days there have been a slew of negative headlines about tariffs and trade wars: Trump called himself “Tariff Man.” The internet did the rest U.S. stock futures fall, Asia follows after Canada arrests Huawei CFO Stock market plunges as Wall Street gives Trump’s China deal another look Global stocks drop after… Continue reading Not worried about tariffs, yield curve, and trade war

Ann Coulter understandably is pissed that Trump has made no progress on the wall. The lack of progress is not surprising. I predicted in August 2017 there would be no wall, although I knew even well before then it would not happen. A continuous, permanent 2000-mile border wall is a colossal undertaking. If completed, it… Continue reading So where is the wall?

The Morgan Freeman of economics, Thomas Sowell, is interviewed by Reason Magazine for the first time in 38 years. I dunno why during 2016 campaign so many were surprised that Dr. Sowell is a never-Trumper. For his whole life he has been employed by anti-Trump institutions and publications such as National Review. Dr. Sowell opposes… Continue reading Thomas Sowell Reason Interview

This article went hugely viral I quit Instagram and Facebook and it made me a lot happier — and that’s a big problem for social media companies The article went viral because it encompasses many shared themes and narrative. The article, in its criticism of social media, could be considered an indictment on modernity. Everyone… Continue reading Quitting Social Media

The stereotype of the limp-wrist/weak liberal/democrat is probably wrong, and I’m not even sure where it came from because it is such an inaccurate portrayal of how most liberals are. When to comes to power and policy, liberals can be ruthless. French Revolution anyone? FDR tried to pack the Supreme Court and in violation of… Continue reading Myth of the limp-wristed liberal

One thing I have wondered is, why aren’t there any de-motivational TED talks or seminars. I would like to see a talk where the speaker fails at what he or she set out to do, and that is the entire presentation. There is no turnaround or comeback. Why are there no talks promoting ‘negative thinking’… Continue reading De-motivational talks