Archive for the ‘Bubble Economy’ Category

The Fed’s Bubbles

Friday, April 8, 2016 6:12 No Comments

I think this is self-explanatory.

This was posted under category: Bubble Economy

Auto Bubble: Federal Reserve Policy Shifts Spending Patterns

Wednesday, April 6, 2016 16:06 No Comments

Fiat Chrysler is laying off workers at its assembly plant right near my house. Fiat Chrysler says it will lay off about 1,300 workers at an assembly plant in Sterling Heights this summer for an indefinite time due to slow sales of midsize cars made at the factory. …”While today’s announcement of a shift reduction [...]

This was posted under category: Automobile Industry, Bubble Economy

Somebody Send Texas “The Memo”

Sunday, March 20, 2016 16:52 No Comments

A brand new luxury hotel in Cotulla, Texas went up for auction after being open for just a tad over one year. Things are unraveling in the oil fields of Oklahoma, which slashed its entire state budget 7 percent, and in the boardrooms of North American energy companies, 48 of which have gone bankrupt so [...]

This was posted under category: Bubble Economy, Economics

Bring on the Bubble-Business Machine. Again.

Wednesday, March 16, 2016 10:06 1 Comment

An oldie but goodie from The Onion in 2008. The current economic woes, brought on by the collapse of the so-called “housing bubble,” are considered the worst to hit investors since the equally untenable dot-com bubble burst in 2001. According to investment experts, now that the option of making millions of dollars in a short [...]

This was posted under category: Bubble Economy, Economics

Pay $28 to Get Locked in a Room

Wednesday, March 16, 2016 9:47 No Comments

In a bubble, unsustainable business models become epidemic. This one is no exception. A brick-and-mortar escape game. A new downtown Detroit business will charge people $28 to be locked in a room with strangers for an hour. To escape, they must solve a series of increasingly difficult riddles. Only about 20% of players in this game are expected to finish the [...]

This was posted under category: Bubble Economy