As my wife and I were on our way to the home improvement store this past weekend, I saw the economic bubble that brought about the current bust illustrated in stark reality. Near our home in Orange County, California, driving on a beautifully-paved, 6-lane street with a landscaped median and surrounded by relatively new housing developments, the conversation went something like this: HER: Wow, look at this beautiful street! I remember back in the 1980s when this was just a 2-lane dirt road. ME: That’s right. In fact, I remember driving out here in 1997 or 1998. Even then all … Continue reading The Bubble in Real Life
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