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Fertility is not as important anymore. What is important is the percentage of people on the planet living in a modern, industrial society. That percentage is growing. That's the issue. You can't compare the resource requirements of 1,000 Bangladeshis living in a village to the resource...

Did you notice that all of your solutions involve the end result of things getting much more expensive, and thus, possibly out of reach for a growing segment of the world's population?

Can I get my car to run on this "dark matter" you speak so highly of? Would the guy at the local gas station understand if I told him to "fill 'er up with dark matter!" Please help me understand.

So your entire argument is based on something (a technology or an understanding) that does not exist today and even you are not sure how it will evolve? What's the ticker symbol? I'm in.

You're off by a few "greats." And you think women were created from one of man's ribs.

I have done FHA in two weeks. But again, that is not the norm, and you don't know it's two weeks until the two weeks are up. Why is that? Because anything can happen in the interim. How do you know, when the app is done, that the house in question is in great shape? Ever see an FHA...

Chill out space cadet. When our world economy, that comprises 6.8 billion people, relies on resources and environments outside of planet earth to function and to house people, then we can talk. Until then, we're a bunch of monkeys on a rock, and thus, all those economic charts that go to...

From what I recall, Lending Tree is not a lender, but a company that provides a loan applicant the ability to get pre-approvals from different lenders and compare rates. More like a marketplace, though I also heard that lending tree had their own lender involved. I have seen loans close...

Funds transferred within 24 hrs? What the hell are you talking about? Do you know how a closing works? Are you aware that the loan and appraisal process can take 30 to 90 days or longer? And unless you are in an escrow state, closing should take a couple hours.

If you can't comment about a significant part of the market - then you don't know what the hell you're talking about. Here's another scenario: If a condo development has a disproportionately large concentration of rentals or sometimes second homes, it's difficult to get financing...

Talk to someone that tried to sell an old home to an FHA or VA financed buyer. Then you'll understand the benefit of a cash buyer.

Here's another benefit for cash buyers that enjoy, or at least, don't mind doing home improvements themselves. If the house needs significant work, an appraisal and home inspection will kill any opportunities for someone to buy the house with financing. Lenders are cautious about the...

The recent extensive global empirical research is pointless when you boil down the issue. The issue is credit - and how frequently with with how much ease it is created. The Austrians, much more than most, understand the role of credit in an economy. Credit today and 100 yrs ago is not that...

Which school of thought(s) allow one to overspend? And why is that the conventional way of thinking today? One man's debt is another man's savings. The more debt in the system, the more there is for others to accumulate and to speculate with. Understand that those that overspend are...

Ivanovich may be finally seeing the light. LOL... I've been arguing this for some time now. What the Malthusian detractors negect to understand is this: It's not the total number of people on the planet that matter anymore, as much as the total number of people living the American...

Does Austrian economics understand financial crises better than other schools of thought? http://blogs.ft.com/martin-wolf-exchange/2010/04/01/hello-world/ Unfortunately for financial oligarchs, the Austrian school of Economics is not the most lucrative. Monetarism makes for happy...

Hey, they scratched and scraped for two years to save for that vacation - you have to respect them for that. It's not like they burned thru credit. As for the volcano, they got wacked by a black swan. You want to be outraged? Here's something to be outraged about: The making home...

Oh, those gold old days a mere few years ago... the mideast including Iran, China, Russia... all thinking that maybe they should rebalance their reserves and add more Euros... How the world changes! So what's the alternative? The First form of money will also become the last form of...

When gold reaches $75,000 an ounce, the trip will be worth it. :D Even though, I'm a goldbug, I'm not holding my breath.

I think there have always been de facto defaults - or one sided "restructurings" if you will. It just depends on how powerful/influential the sovereign is. How would you characterize Nixon closing the gold window on August 15th 1971? No longer was the dollar redeemable for gold at the...