The Eurozone: A “Cypriout?”

First people were concerned about a Grexit and now it’s the Cypriout. A German euro, a Greek euro, indeed all euros are supposed to be the same money. Traveling across the eurozone, in any of the 17 countries with the…

The US Real Estate Bubble: Was This Time Different?

Our recent housing bubble has been called a unique phenomenon by economist Robert Shiller. With its national impact, a connection to houses rather than land, and a demand side surge fueled by “investor-induced speculation,” the rise and subsequent fall in…