Developing Affordable Housing Ecosystems World Wide
[Continued from yesterday's Part 1.] By:David A. Smith Yesterday’s post introduced us to New York’s state budget problems (via a this New York Times (December 19, 2012) article), which over the last decade or so have been covered up with ‘fiscal gimmicks,’ all of which have now been exhausted – all but one, [...]
By:David A. Smith Though you cannot fix a solvency problem with financing, that doesn’t stop people from trying – especially elected officials. Perhaps they’re unable to visualize or to believe in the insolvency to come, or perhaps they know their term of office will be shorter than the time horizon when the gimmicks finally [...]
By:David A. Smith Having worked in Egypt multiple times over the last eight years, I have good professional colleagues and friends in Cairo, so I’ve followed attentively the nation’s turmoil after newly elected President Mohammed Morsi started his campaign of grabbing power. Whatever the politics of it (and I’ve been in the Middle East [...]
By:David A. Smith How confident are you? Among the many reasons that money, that is the portable and numerical denomination of freely tradable symbols of value, is one of humanity’s greatest inventions (mathematics is discovered, money was invented) is its power to rebalance power between questionable rulers and poor people – and, as shown [...]
[Continued from yesterday's Part 1.] By:David A. Smith Countess: Tell me thy reason why thou wilt marry. Clown: My poor body, madam, requires it: I am driven on by the flesh; and he must needs go that the devil drives. – All’s Well That Ends Well, 1601 Yesterday we saw, via a [...]
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