The new chair of the Federal Reserve knows that Job 1 is jobs. Being out of work is individually and collectively debilitating. Gainful employment is good for everybody.
Before the financial meltdown of 2008, a handful of prophets raised warnings. Most people didn't listen. Why? Because most people have a hard time seeing outside the bubble of the present moment.
A "dog's life" lived well: Off-leash in fall’s filagree foliage, rescue dog Albie both gives and gets the gift of irrational exuberance.
There had been some discussion about whether bubbles in the US and European markets were caused by a global savings glut in Asia. Stefan Karlsson says no, citing the economic woes in Japan as compared to market health in Australia.
The current dollar-based system is broken and can't be repaired, despite the efforts of governments and central bankers. A new currency and monetary order would fix the problem and boost growth.