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Category Archives: Viewpoint
NOTE: The following article was written by Harry Hurt III and published in the September 1980 issue of Playboy Magazine. We previously published this column in June 0f 2012. The time has come to look back on history. Sadly, the … Continue reading
…yet some are still at it!
I need to vent. Not something I normally do too much of…OK…my wife was out of work due to COVID-19 for over a month and we were not able to secure any money relief from the State of Arizona because … Continue reading
Well… it’s ALL bats to me! Many theories have been advanced to explain the origins of the novel COVID-19 coronavirus that emerged in Wuhan, China, in late 2019, ranging from the prosaic finding that it was merely a natural mutation … Continue reading
Basing one’s decisions on analogs from the past is entering a fool’s paradise of folly. Like addicts who cannot control their cravings, financial analysts cannot stop themselves from seeking some analog situation in the past which will clarify the swirling … Continue reading
Here Comes The Next Crisis: Up To 30% Of All Mortgages Will Default In “Biggest Wave Of Delinquencies In History”
Unlike in the 2008 financial crisis when a glut of subprime debt, layered with trillions in CDOs and CDO squareds, sent home prices to stratospheric levels before everything crashed scarring an entire generation of homebuyers, this time the housing sector … Continue reading