Booms, Busts, Bubbles, and Beanie Babies: How Economic Cycles Work

Booms, Busts, Bubbles, and Beanie Babies: How Economic Cycles Work

Today we’re talking booms vs. busts vs. bubbles. This is a bit more theoretical than our advice tends to be. But I promise it’s important! You need to understand the difference between the two if you want to make flexible, resilient, realistic medium- to long-term plans for yourself.

And yes, this topic is dry. So I’ll do my best to blast some cool ranch flavor dust on it whenever possible. In fact, let’s start now!

Q: How is the free market under capitalism like a cock?

A: It expands and contracts, screwing everybody it can in the process!

Me, thinking of this joke in the shower: “I am amazing. I have the glowing-est brain. Our blog deserves every award it has ever won and more. Unless I read that joke somewhere, semi-forgot it, then accidentally stole it???”

If this joke belongs to you, I apologize. Tell it to the FBI agent wire-tapping your home’s smart devices, he’ll put a note in my permanent record.

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