money-matters

Huffing, Puffing, and Blowing Bubbles

Hamilton Nolan · 08/23/10 03:21PM

The Way We Live Now: huffing and puffing and blowing houses down. We're talking economically, okay? Home equity has evaporated. Deflation is inevitable. Credit card rates are increasingly usurious. Your safe investments are bubbles. And your painting's been stolen. Blows.

You Can't Quantify an Attitude of Gratitude!

Hamilton Nolan · 08/20/10 02:55PM

The Way We Live Now: Quantifordably. We don't actually need to change our current situation; we simply need to become more satisfied with it. For what is money but a number? And what is a number but...magic? I don't know.

Stanley Druckenmiller Does Not Have a Dream

Hamilton Nolan · 08/19/10 03:33PM

The Way We Live Now: Drucken things up. Once you're already rich, why spend your life running a hedge fund, or something equally boring? Get out and live. Run a scam! Buy a decrepit town! Rule the world, for fun!

American Apparel: All News Is Bad News

Hamilton Nolan · 08/18/10 03:54PM

Yesterday came the first real signs that American Apparel could soon face bankruptcy. Today, the news for Dov Charney's breast-covering empire grows darker: a shareholder lawsuit, rumored store closings, a stock that's still plummeting, and disgruntled employees emailing us.

Keep on Juggling, What Choice Do You Have?

Hamilton Nolan · 08/18/10 02:54PM

The Way We Live Now: doing the upper-middle class juggle. We're juggling baby! Can you keep a wife, a kid, a mortgage, a commute, and a second job in the air without dropping any? We'll watch you try!

The Top Ten Universities for Student Debt

Hamilton Nolan · 08/18/10 12:38PM

"For-profit" colleges have come under fire for saddling students with big debts in exchange for dim job prospects. But what about "real" colleges? They're pushing huge debts on students, too. We crunched the numbers to find the worst (NYU).

You Can Never Have Too Much Gold

Hamilton Nolan · 08/17/10 04:16PM

The Way We Live Now: literally sitting on stacks of gold bullion. How you like that, ma? While the world fights over bus routes and the city fathers are getting evicted, here we sit, blinged, ringed, done, badumbumbum.

The Big Waltz Is Over, and We're the Matildas

Hamilton Nolan · 08/16/10 03:01PM

The Way We Live Now: girly. Meaning incapable of being paid what we're worth! Will the mighty USA one day be nothing more than a pit stop where Chinese Masters of the Universe pick up free cupcakes? It seems likely.

We're All Owned by Germans Now

Hamilton Nolan · 08/13/10 02:46PM

The Way We Live Now: machen Sie sich keine Sorgen. That means "don't worry about it," and that's what you can tell people if you're German, because Germany is running things now.

The Curse of Stonehenge Is Upon Us

Hamilton Nolan · 08/12/10 03:39PM

The Way We Live Now: tempting the gods of the hanging stones. You can't afford to keep Stonehenge looking nice? Then all of your other troubles are a moot point, friend. Druids know how to kill your home equity, fast.

Every Cloud Has a Silver Lining (Present Cloud Excepted)

Hamilton Nolan · 08/11/10 03:45PM

The Way We Live Now: beating a hasty retreat. Back to the safety of the economic bunkers! Batten down the fiscal hatches! Hell, we'll take the slow pain of the recession over the fear of the unknown. Safety first!

I Wouldn't Break That Buck If I Were You

Hamilton Nolan · 08/10/10 02:39PM

The Way We Live Now: embracing peace out of necessity. The days of unlimited defense budgets are over, for at least a year or two. As are the days of inflation, optimism, and stable money market accounts. It's a party!

Only Government Bloodsuckers Made More Money Last Year

Hamilton Nolan · 08/10/10 09:16AM

Is the "Great Recession" over? Not according to statistics! Here is what happened last year economically, in a nutshell: everybody got poorer, except the people who live off your tax dollars. Where was the Tea Party during all this?

Born a Loan, Die a Loan

Hamilton Nolan · 08/09/10 02:37PM

The Way We Live Now: in enslavement to repayment. Our salvation? Reparations. Or—damn it—at least a sandwich.

Put On Your Success Specs and the World Is Peachy Keen

Hamilton Nolan · 08/06/10 02:31PM

The Way We Live Now: shedding—shedding jobs, like a thick fur coat sloughing off in the summer's heat. You don't want our economy to sweat, do you? Not to worry: a little perspective will turn that frown upside down!