I post articles because I think they are of interest. Doing so doesn’t mean that I necessarily agree (or disagree) with every—or any—opinion in the posted article. Help your friends and relatives stay informed by passing the digest on. In some cases I post things sent to me by readers I might not have posted on my own, to get ideas circulating.
Flag Raising on Iwo Jima
February 23rd is the 67th anniversary of the Iwo Jima Flag Raising. Take a moment from mourning Whitney to remember the 1,000 Marines and Sailors who died for every square mile of that worthless rock.
The Northern and Western European Housing Bubble
Excerpt: Could Sweden or Finland be the scene of the next European financial crisis? It is actually far likelier than most people realize. While the world has been laser- focused on the woes of the heavily-indebted PIIGS nations for the last couple of years, property markets in Northern and Western European countries have been bubbling up to dizzying new heights in a repeat performance of the very property bubbles that caused the global financial crisis in the first place.