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No One Gets Out Of Here Alive

NO ONE GETS OUT OF HERE ALIVE “The seasons of time offer no guarantees. For modern societies, no less than for all forms of life, transformative change is discontinuous. For what seems an eternity, history goes nowhere – and then it suddenly flings us forward across some vast chaos that defies any mortal effort to […]

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There’s a New Crash Coming

There’s a New Crash Coming Donald Trump is the epitome of irrational exuberance. You might remember that phrase from the 1990s. Alan Greenspan, the head of the Federal Reserve at the time, was describing how the tech boom was creating a bubble by generating enthusiasm way out of proportion to the actual value of the […]

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CMHC Finds Irrational Exuberance in Vancouver & Toronto

CMHC Finds Irrational Exuberance in Vancouver & Toronto There is much to learn from financial mania’s. In particular, the role of human behaviour responsible for inflating asset prices to previously unimaginable heights. Economist Robert Schiller has done some excellent work on this topic in his book Irrational Exuberance. In essence, Schiller highlights a few key […]

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Australia’s Housing Bubble—–The Mania Down Under

Australia’s Housing Bubble—–The Mania Down Under Australians are being “irrationally exuberant” and borrowing too much to invest in housing, exposing the economy to financial shocks, global bond fund giant PIMCO says. In a detailed statistical study that compares Australian borrowers to those in other countries, PIMCO researchers found that Australians’ decision to borrow is driven […]

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Robert Shiller: Unlike 1929 This Time Everything – Stocks, Bonds And Housing – Is Overvalued

Robert Shiller: Unlike 1929 This Time Everything – Stocks, Bonds And Housing – Is Overvalued Robert Shiller is a professor of economics and finance at Yale University. He is the author of Irrational Exuberance, which in 2000 predicted the collapse of the tech bubble and is now in its third edition. He was awarded the […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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