Archive for the ‘Boom-Bubble Phenomenon’ Category

A Cookie Dough Bubble?

Tuesday, February 21, 2017 7:39 1 Comment

Sometimes you can sell anything in a bubble environment. Like cookie dough “treats.” It’s a “sensation.” Lines all around the block in NYC, and the place “can barely keep up.” Note near the end of the video: the customers are all 20-something females taking selfies while eating their cookie dough. The targeted demographic is clear. Here’s [...]

This was posted under category: Boom-Bubble Phenomenon

Detoit-Hipster Bubble Jeans?

Saturday, August 20, 2016 5:57 1 Comment

Detroit Denim Company makes jeans by hand with an 87-step process in a factory that has been largely designed by art and design students. It’s all very cool, but the reality is evident. The luxury jeans start at $250. Before you think that will burn a hole in your pocket, Yelsma said it’s worth the [...]

This was posted under category: Boom-Bubble Phenomenon, Economics

Condos for Car Nuts, or, the $100k+ Man Cave

Monday, June 20, 2016 16:21 No Comments

Surely it’s ironic that a closed General Motors assembly plant in Pontiac, Michigan would become the new home to a “car aficionado playground,” or what is known as the M1 Car Condo project. To quote an article from MLive: DETROIT – There are many places where people meet in Metro Detroit to proudly display their [...]

This was posted under category: Boom-Bubble Phenomenon

Auto Bubble Shift

Sunday, October 25, 2015 8:17 No Comments

Following car sales can provide insight into the high time preferences of the car-buying masses. Compact car sales vs truck & SUV sales go in lockstep with gas prices with a focus only on today, never tomorrow. Low gas prices, along with almost-zero (or zero) interest rates, is driving this crazed auto bubble. Another one that will [...]

This was posted under category: Boom-Bubble Phenomenon, Uncategorized

Bubble Barbershop: Here We Go Again

Thursday, July 16, 2015 6:47 No Comments

The Hipster Barbershop came and went. Five months ago the headline read, “Hipster Barbershop Trend Arrives in Detroit.” Now the headline predictably reads, “High-End Detroit Barbershop Closes After 5 Months.” The business was built on $40 cuts and $50 straight razor shaves and this was considered to be “breaking new ground for a basic men’s cut in [...]

This was posted under category: Boom-Bubble Phenomenon

Crumbs & GoPro: Malinvestment x 2, But Blame Short Sellers. Booyah!

Tuesday, July 8, 2014 16:15 8 Comments

Forbes on the crumbling of Crumbs (bold emphasis mine): Back in July 2011, Crumbs went public in a reverse merger at just over $13 per share. At approximately $60 million market cap, Crumbs wasn’t huge, but that was a hefty price given the chain only had about 35 stores. Trouble came just about a month after [...]

This was posted under category: Boom-Bubble Phenomenon

I Called the Cupcake Bubble Bust. And It Leaves Behind Crumbs.

Tuesday, July 8, 2014 13:36 4 Comments

I called the cupcake bubble back in 2009. Post-economic bust, what started rising from the economy’s ashes was a series of economic “successes” whose popularity made no sense in an economy that was awash with bubble-bust carnage. Cupcakes were the most obvious an imminent mishap. Later on, as cupcake pandemonia took firm hold and media stories [...]

This was posted under category: Boom-Bubble Phenomenon

No More Beanie Baby Bubbles

Saturday, July 27, 2013 19:46 4 Comments

An article on Yahoo Finance revisits the early 1990s Beanie Baby craze, and one family that almost became bankrupt due to their collective zealotry. Heralded as valuable collectibles, people would rush out to buy the $5.95 toys for their children or themselves, eagerly waiting for them to appreciate in value. But then the Beanie Baby bubble [...]

This was posted under category: Boom-Bubble Phenomenon

Cupcakes 6 Feet Under? Thank Goodness!

Wednesday, April 24, 2013 23:14 5 Comments

I have written often on the silliness of the whole cupcake craze that has swept America in recent years. My earliest cupcake-bashing post goes back to 2009. Finally, folks are declaring that the cupcake craze was indeed a bubble and it was indeed ludicrous. Yahoo writes, “More Evidence That the Gourmet Cupcake Bubble Has Popped.” Forbes [...]

This was posted under category: Boom-Bubble Phenomenon

Dumbed Down Pizza?

Sunday, April 7, 2013 19:45 1 Comment

Pizza Hut “crazy cheesy crust.” More dumbed-down infantilism for the adult masses. “16 semi-circles of cheese that can be pulled off and eaten separately” ?? And it ain’t just Americans. Pizza Hut has also offered variations of the cheese-stuffed crust with pepperoni and other toppings hidden inside. Fast-food fanatics may also notice that the latest [...]

This was posted under category: Boom-Bubble Phenomenon