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4 Gas Stations, 4 Fireworks Stores

Posted by Sean | August 17, 2008 .

Saw an economic bizarro scenario on the border of Missouri and Iowa.
First, we spotted an old-looking gas station, connected to a fireworks store. Then another. And another. And, I think, another. I’m a little sketchy on the particulars as my mind was in the process of exploding. This was not exactly the population center of [...]

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Why Do Boom/Bust Cycles Get Too Big?

Posted by Sean | August 13, 2008 .

Answer: The Blame Game
At least that is the conclusion of JK Galbraith in his book on the big crash:

"The real choice was between an immediate and deliberately engineered collapse and a more serious disaster later on. Someone would certainly be blamed for the ultimate collapse when it came. There was no question whatever as to [...]

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Extreme Home Makeover (needs an) Extreme Concept Makeover

Posted by Sean | July 28, 2008 .

from WSB in Atlanta….
Extreme Home Makeover House Threatened With Foreclosure

An Extreme Home Makeover may be going bust. The first metro family who got a new home is facing foreclosure.
“Beazer gave them $100,000 cash, paid their mortgage off and they still can’t make it," said Oswalt.

SLIDESHOW: Before-and-After (whoa nelly!)
It’s been awhile since I caught a whiff [...]

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Financial Trends @ Google Trends

Posted by Sean | July 8, 2008 .

I found an interesting quote about the nature of financial language:

The crisis (contrary to popular opinion) is the credit-fueledboom, not the recession…The recession is a return to reality.by: Chris | Jun 29, 2008 8:43:11 AM @ The Big Picture

This led to searches on a several financial topics @ Google Trends:

Several of these charts make me [...]

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What Happens if 100 MPG Cars go Mainstream?

Posted by Sean | June 2, 2008 .

Air-Powered Car Coming to U.S. in 2009-2010 at Sub-$18,000,
Could Hit 1000-Mile Range (www.popularmechanics.com)

To get an idea what happens before coffee drinkers have their morning coffee, I misread the above headline to say there would be a 1000 MPG car in development.
Yeah, the "2009 to 2010" should have alerted my coffee-deprived [...]

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Why I Love The PF Blogosphere

Posted by Sean | May 19, 2008 .

One of the most refreshing ways to start a morning is to see people doing great things with their life & money. When I see someone reach a milestone or pay off something early, I get excited. Which is precisely the opposite of watching the mainstream media. I mean, how often do you see this [...]

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