Posts Tagged: Busts

A Unified Theory of Why Money Makes No Sense Right Now

A theory as to why the rent is too damn high and a potato salad is ten thousand dollars and Uber is ten billion dollars and you'll have to buy reservations for restaurants like concert tickets and tickets for Transformers 4 in IMAX are like twenty-five dollars so that it made three hundred million dollars its opening weekend: Welcome to the Everything Boom — and, quite possibly, the Everything Bubble. Around the world, nearly every asset class is expensive by historical standards. Stocks and bonds; emerging markets and advanced economies; urban office towers and Iowa farmland; you name it, and it is trading at prices that are high by [...]


The End of the 00s: Top 10 Jobs I Lost This Decade: Failing Up, Sometimes, but Mostly Sideways, by Jackson West

I've been looking for, finding and losing jobs since I was 14, the legal working age in Washington State. The first job I was fired from, after just a couple of months, was a filing job at a pool equipment supply company in Seattle. I did get former Supersonics All-Star power forward Shawn Kemp's old home address out of the deal, so that's something. But that was the dawn of the 90s, and while I'm sure I gained and lost at least ten more jobs in that decade, I'm pretty sure it couldn't compare to the volatile 00s. I wasn't always fired, mind you-straight-up firings, lifetime, I can count on [...]