Archive for the ‘spend’ tag
Justin Fox Agrees: Don’t Spend More Than You Earn
[via Alex Tabarrok] The Curious Capitalist Justin Fox was on CNBC recently, with a simple message:
We can’t continue to spend more than we earn.
One of the anchors was shocked at this proclamation, and produced what I think is the greatest quote I’ve heard in a long time: “we can’t have the sort of booming economy we’ve had [...]
A Decade Later, Back to Where We Were
Where We Are
It feels like we’ve been peering over this cliff for a while - I remember first hearing whispers of Countrywide Financial having problems last fall. That home prices might start to cave from their catastrophic heights. But after each mini-crisis, it seemed like we hit the bottom. Now it seems like we have [...]
