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5 Bubbles Waiting to Pop (Including My Apartment)
Welcome to the Bubblesphere, ’09. Remember the signs? Irrational exuberance. Excessive risk-taking. You’d think we’d learn our lesson, but it’s tricky to see a bubble until it pops. Nobody has a crystal ball, but there are indications that these five potential bubbles may soon deflate in dramatic fashion.
Downturn Deals: Dining’s ‘Winter Specials’
Now appearing discreetly in leather-bound menus all over New York City: “winter specials,” which offer five-star dining at surprisingly reasonable prices.
We all know they’re just dressed-up “recession specials,” but upscale eateries don’t seem ready to embrace the R word yet. That’s fine. Whatever you want to call them, here are five of the best high-end meal deals in Manhattan.
The Book Reporter: Crash Proof
Peter D. Schiff deserves a gold medal, while most of us deserve a dunce cap. Schiff, an economic commentator and stockbroker, was once dubbed “Mr. Doom” and “Chicken Little” by the media for his dire warnings about the real estate bubble and the shaky state of the American economy.
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