The Ultimate Asset Bubble Is

If We Carry This Line Of Argument To Its Logical Conclusion, The Meaning Of Life Consists Of The Flaws In One's Conceptions And What One Does About Them. Life Can Be Seen As A Fertile Fallacy.

Everything Adds Up To A Major Crisis. Humanity Is Faced With A Global Energy Crisis ... The Core Of The Crisis Lies In The Increasing Shortage Of Oil.

Taking This View, It Is Possible To See Financial Markets As A Laboratory For Testing Hypotheses, Albeit Not Strictly Scientific Ones. The Truth Is, Successful Investing Is A Kind Of Alchemy.

The Lower Interest Rates Fueled Housing And Consumption Booms In Countries Such As Spain And Ireland. At The Same Time, Germany, Struggling With The Burdens Of Reunification, Tightened Its Belt And Became More Competitive. All This Led To A Wide Divergence In Economic Performance. Europe Became Divided Into Creditor And Debtor Countries.

America Felt Victorious And Generous After World War Ii. They Had Also Learned From The Mistakes After World War I When They Imposed Punishment On Germany. What Became Of Germany? A Nazi Dictatorship Which Threatened The World. Today's Germany Doesn't Feel As Prosperous And Generous As America Then. But Actually, Germany Still Is Very Prosperous.