Postcards From the Fringe


The Chinese Are the Most Generous People We’ve Encountered

We’ve had meals bought for us. We’re always being offered food. The taxi drivers never try to rip us off.

China Railways Has $1 Trillion in Debt

China Railways loses $100 billion a year on operations. Yet it continues building more…

We Hit the Road With Just $30 a Night

We’re almost done circling the globe. Tonight, we’re staying in a 3-bedroom Airbnb for $27.

The Chinese May Be the World’s Greatest Consumers

Everywhere we go, people are spending money and walking around with Starbucks cups and iPhones.

The Most Populous Country in the World Seems Pretty Empty

It’s the most populated place on the planet. Yet there’s never anyone around.

The Fed is Financing the Budget Deficit Through the Money Markets

The Federal Reserve is paying the government’s debt by printing more dollars out of thin air…

The Simplest Market-Timing System Is to Be a Contrarian

The stock market swings from oversold to overvalued… It’s manic-depressive.