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Capital Flight in Europe

Even the casual observer in economic matters knows that something is wrong. There is a grave misconception that the average person is surprised when a crisis hits. I think it’s more accurate to say that people are surprised by the magnitude of a crisis. Most people who bought real estate in the bubble years knew they were buying high, they just wanted to sell to a greater fool. The same goes for…

Greece has 46 Hours to Exit Euro

Reports are surfacing that Greece is going to exit the Euro imminently. We are now witnessing things that were deemed to be “impossible”, “politically unviable”, or slightly “conspiratorial.” As I said many times before, volatility is going to return the second half of this year. This is only the beginning. Global markets should be pretty volatile, especially with short interest so high in places like Asia. The threat here is that…

New Website

Hi all, just started a new website Las Vegas Property Investing. I’ll be posting things related specifically to real estate in general and Las Vegas real estate specifically at that website. The site should be a good source of information for those who are interested in real estate investments. Spread the word, and be sure to follow us on Twitter and Facebook! Follow