Relevant and even prescient commentary on news, politics and the economy.

The Plural of Datum is Foreboding

Via Dr. Black, CR describes Washington, D.C. real estate as “the commercial version of the subprime situation.” Two points: CR knows better, most of the time, than to believe that there was a “subprime situation” in any sense other than “We Are All Subprime Now.” [edited for tone] Possibly more importantly, Washington, D.C., is one […]