What We Have Done

By Charlie Johnston If you lost your job, but had $250,000 in the bank, you could live normally for quite some time if you are middle class, by drawing down on your capital. Every week you did that, though, you would be headed towards a precipitous cliff. Do it long enough and you would plunge […]

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Corona Madness

(I have posted less these last few weeks than normal. When confronted with major new phenomena, I like to examine and ponder minutely. It is perhaps a bit of vanity that I want what I write to hold up over time, so knowing that I will get some things wrong, I try hard to get […]

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