Author Archives: John Thomas

The Big Short of the 2008 Housing Bubble may be back

Don’t worry if you didn’t read Michael Lewis’s book, The Big Short, or even if you missed the cinematic version, you will get a chance to experience it again in another form. As I’ve I said many times before, history repeats itself, and you are doomed if you don’t know history. While on the subject, let’s take a brief stroll ...

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Generation Z could hold the Future for the Auto Industry

The resurgence of millennials to urban areas has caused concern in recent years for the automobile industry. As anyone who has lived in a large city as a youth, they will likely tell you that a car is a liability. Payments, insurance, tickets, parking, yadda, yadda. I have a 27 year old daughter who lives in Georgetown in D.C., and ...

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How the Financial System Handles Money Laundering

The first thought to hit my mind when I think of money laundering or “dirty money,” is the scene from the 1983 drama Scarface, where sacks of cash were brought through the front door of a quote-unquote, reputable bank, by known drug dealers, who ostensibly pass as legitimate businessmen. It may or may not be the wild “cocaine cowboy” days ...

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Hong Kong Today after Two Decades of British Cession

In a scholarly paper put forth by Jacques deLisle, Director of the Center for East Asian Studies at Penn, he proposes the seldom-asked question of what is the state of affairs in Hong Kong today, two decades after the end of British imperialism. There are many reasons one should care of such, most notably the relationship Hong Kong has with ...

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How to take advantage of slowing Global Markets

I don’t know about you, but I’ve tired of the ping-pong game of international trade, particularly between China and the U.S. If you read the news each day, it is like volleying a tennis ball back and forth, with no winner or end to the match in sight. Welcome to the world of international trade. Yesterday’s headlines say tariffs are ...

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Hedge Funds become more fundamental as Investors Shift Interests

The provocative and esoteric world of the hedge fund is slowly turning towards a more traditional fundamental approach to investing. If you look at the typical prospectus of a hedge fund, it will be somewhat vague and furtive in its investment style. However, with a ten year bull run in the market, major investors in such funds, like pensions and ...

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College Students: Just Say No to New Income Sharing Agreement

Just say no to the new Income Sharing Agreement (ISA). I could leave it at that and write no more. Through a new kind of financial instrument called an ISA, financiers are transforming student debtors into stock investments, with much of the same risk and, ideally, greater returns. But the millennials who are mortgaging their futures by giving equity in ...

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The Ugly side of Minimum Wage Hikes

It was just a matter of time until the sludge of the incompetent do-gooders dripped back to their various states. You know who I’m talking about. Massachusetts, New York, California, Mexico. My bad, sovereign Mexico is not a state, yet, albeit their wandering citizens too may benefit from the nastier side of minimum wage rate hikes. And what exactly do ...

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Another Example of Academia wasting your Tax Payer Dollars

This won’t be the first time or the last that the so-called ivory tower academics attempt to push their agenda, whatever it may be, or whoever may be funding it, on the public. You may remember some of the stellar research that has been presented in the past, paid for by you and a highly interested company. Just missing the ...

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