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Archive for August 29th, 2016

Preview of things to come?

29 Aug

“I’ve never seen anything like this before” says longtime Aspen broker Bob Ritchie. “Aspen has never experienced such a sudden and precipitous drop in real estate sales.” Meanwhile, sales in the Hamptons and Miami’s luxury condo markets, are in freefall, as the bid for luxury real estate across the US has slammed shut.”

Source: “I’ve Never Seen Anything Like This Before” – The Housing Markets In The Hamptons, Aspen And Miami Are All Crashing

 
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Posted in Business cycle, Economy, Housing market, Interest rates

 

You’ve been warned!

29 Aug

Source: How Jim Rogers Is Preparing

 

Hillary unhinged

29 Aug

“Hillary Clinton’s recent “alt right” speech marks a new and dangerous low in what has become race to the bottom – and, should she be elected, it has ominous foreign policy implications as well. Alarmed that Trump is reaching out to the African-American community, Mrs. Clinton tried to make the case that the GOP candidate […]”

Source: Clinton’s Crazy Conspiracy Theory – Antiwar.com Original

 

Black markets kill

29 Aug

In a free market, consumer goods are remarkably heterogeneous. We don’t just buy ketchup, we have to choose between regular, organic, reduced sugar, low sodium, and umpteen other variations. Just as importantly, we have to choose between Heinz, Hunts, Great Value, and other brands.”

Source: How Legal, Branded Heroin Would Make Drugs Safer | Mises Wire

 
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Posted in Black markets, Economy, Federal Government, Politicians, Politics, Regulations