Cartoon courtesy of Giovanni Fontana
13 February 2009
The Next Bubble to Implode: Commercial Real Estate
Category:
bubbles,
commercial real estate,
Financial Crisis
"Seneca had made the bargain that many good men have made when agreeing to aid bad regimes. Their presence strengthens the regime and helps it endure. But their moral influence may also improve the regime's behavior or save the lives of its enemies. For many, this has been a bargain worth making, even if it has cost them their immortal soul. The Rome he has been trained to serve, of Augustus and Germanicus, was gone. In its place stood Neropolis, ruled by a megalomaniac brat.” James Romm
Cartoon courtesy of Giovanni Fontana