There is another bubble.
Before it's burned, Coal, Oil and Gas sit for years on the balance sheets of private (and national) resource companies, as "known reserve" assets. Assets that, someday, will become revenues. Or will they?
And if they won't, what will the balance sheets of ExxonMobil, Chevron, BP, Petrochina, and Gazprom actually look like? [more inside]
posted by anthill
on Dec 19, 2013 -
The Incentive Bubble
) - "The fraying of the compact of American capitalism by rising income inequality and repeated governance crises is disturbing. But misallocations of financial, real, and human capital arising from the financial-incentive bubble are much more worrisome to those concerned with the competitiveness of the American economy." [more inside]
posted by kliuless
on Apr 3, 2012 -
There is this perception that the only China skeptics are foreigners. Let me tell you that is completely wrong. The debate within China is much more interesting and much more ferocious than the debate outside of China about problems with the growth model.
Michael Pettis is a professor at Peking University's Guanghua School of Management, where he specializes in Chinese financial markets. Here he talks about China's economic prospects
posted by storybored
on Oct 30, 2011 -
The housing bubble was the last chance most middle-class families saw for grasping the brass ring. Working hard didn’t pay off. Investing in the stock market was a sucker’s bet. But the housing bubble allowed middle-class families to dream again and more importantly to keep spending as if they were getting a big fat raise every year.
- How the Bubble Destroyed the Middle Class
posted by Slap*Happy
on Jul 11, 2011 -
The Higher Education (Debt) Bubble
- "[H]igh and increasing college costs mean students need to take out more loans, more loans mean more securities lenders can package and sell, more selling means lenders can offer more loans with the capital they raise, which means colleges can continue to raise costs. The result is over $800 billion in outstanding student debt, over 30 percent of it securitized, and the federal government directly or indirectly on the hook for almost all of it. If this sounds familiar, it probably should... [more inside]
posted by kliuless
on May 17, 2011 -
Earlier this week, Toxie, NPR's cutest toxic asset died
. One of the mortgages bundled into this asset was an investment property in Bradenton, Florida, which, like many Florida homes, has never been occupied or served as anything other than a financial instrument. Boston.com's Big Picture recently took a look from above
at the effects that this (and previous) housing bubbles have had on the development of Florida's cities and landscapes. How do you design a city that nobody plans to live in? (Previously
posted by schmod
on Oct 1, 2010 -
Finally, finally - Zubbles are available for pre-order!
Inventor Tim Kehoe
has been searching for the elusive colored bubble
for a long time. Through his experimentation he's stained his eyes a deep blue, along with his car, his kitchen, and his bathtub (he's also permanently stained the family dog). But in 2005, after 11 years and over $500,000 in funding, Kehoe successfully created a colored bubble that wouldn't stain. His invention, Zubbles
, was given the "Best of What's New, Grand Award" from Popular Science. [more inside]
posted by avoision
on Jun 26, 2009 -
Sunday Afternoon Flash Fun/Metafilter Convalescence Flash Fun: BubbleQuod
. You have lived your entire life in a bubble. Now you want out. Burst your bubble.
posted by schyler523
on Jan 25, 2009 -
There are still some smart people
left on Wall St. Hedge fund manager, John Paulson, made a cool $15B for his fund as the housing market imploded. His cut? $3-4B. Not too shabby for a year's worth of work. [more inside]
posted by blahblah
on Sep 26, 2008 -
Countrywide Empties Out on Widowmaker
gives a vivid idea of the turmoil in the mortgage market, and the difficult American real estate environment. "You sold your unlimited subway card after the 5th race, plunged full-bore on a filthy hot dog, a beer and a 9-1 shot that finished next-to-last. You are Countrywide."
posted by Adamchik
on Aug 16, 2007 -
is the handy guide for Internet startup entrepreneurs to use to calculate their next investment round. If you've recently raised money for your startup, how do you plan to use it? If you're working for a startup, better hope Matt Marshall
doesn't tag you with the dreaded bubble
posted by gen
on Jan 7, 2007 -
The Specter of Recession in 2007
. With the US housing bubble falling for the first time in over a decade, oil traders are dumping inventories (and driving down prices) in fear of a US-led global recession brought on by the end of the biggest housing bubble in history. Previous
posted by stbalbach
on Oct 4, 2006 -
I've become obsessed with the idea of the Real Estate Bubble
. I don't even live in NYC or SF, but I must read Brownstoner
, and Curbed SF
every day. For more local, but less spectacular, chills I read Urban Trekker
. And for a more global view of the gloom: The Matrix
, The Housing Bubble
, and Bubble Meter
. Finally, for one last depressing shot, America's Overvalued Real Estate
tracks down the most depressingly overpriced "pieces of shit"
across the country. Related discussions here
, and (premature or prescient?) here
posted by ereshkigal45
on Apr 3, 2006 -