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So many bubbles everywhere. It's like I got up each morning for the last 180 days and drank an entire bottle of champagne for breakfast before going to work . Thanks Ben Bernanke for keeping me soooooo wasted.
Gosh, I must be buying all the wrong things that keep going up 3-10% per year. You know, all that silly useless stuff that no one really needs like food, home insurance, auto insurance, healthcare, education, property taxes........
There is one place I don't see any inflation, my paycheck.
Wouldn't it make more sense to just buy the rechargable batteries instead of the whole car if you want to do this? I think you have to decide first whether you want to drive the car or be a power company. It doesn't seem like you can have it both ways. I don't have to go to MIT to know that.
If three guys working out of their garage spend $20k on a movie and it earns $1 million it’s a success. If Disney does the same thing it’s a flop, because, Disney isn’t in the business of making movies that cost $20k or movies that only gross $1million. Facebook can’t deliver on a $100 billion promise to its investors ...more
I can hardly believe Facebook's stock hasn't tanked to $5 already. There must be a lot of institutional money (aka pension funds like yours) invested in this thing. But gravity and reality will eventually win out.
The only significant debt I have (notionally) is my share of the U.S. Government debt, which is now over $50k per every man woman and child in America.
Full disclosure, I'm planning to default on mine.
5/14/2013
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