Social democracy means the wealthy give up some of their money rather than giving up all of it and having their family murdered by angry peasants. The smarter ones among them have always realised tha… (View Post)

Goodwin is really disappearing ever deeper up his own backside. (View Post)

Don't worry it will go as soon as my generation reaches retirement, I am sure. (View Post)

Except the housing and equity market risks are correlated, so in the scenario where the housing market goes south you can't sell the house or use your equity wealth to clear the mortgage liabili… (View Post)

Most people who have been educated to a level that involves critical thinking and a degree of quantitative awareness think that Brexit is a bad idea, so it's hardly surprising that most people i… (View Post)