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Watching the Automotive-Bubble Drive Home

I really don't know what to believe about the liquidity bubble built by most of the world's central banks since 2009. I have become numb, and simply shake my head in disbelief. But a recent article on Zero Hedge got me thinking about a more concrete manifestation of the liquidity bubble. They think the motor vehicle bubble is ready to pop. In particular, there are millions of leased cars and trucks that will be turned in soon, creating a glut of 3-year-old used cars and trucks. Since I think the used truck market is even more over-priced than the new truck market, their prediction is mouth-watering, even more so considering that circa 2013 trucks are likely to be as good as trucks ever get. Of course they could start making smaller pickup trucks, but don't hold your breath. Have you seen the ridiculous numbers that CAFE, the government-imposed fuel economy requirement, is demanding in the years ahead? What are they planning on doing?  Much of the low-hanging fruit h

The Earth's Best Dandruff

Every backcountry traveler or camper has had a nightmarish experience with wet clay roads. But do you know about "anti-clay", that is, a surface that is as miraculous on the positive side as wet clay is on the negative? It is easy to be ignorant of what causes wet clay's amazing properties. It would be so nice to learn about things when they make huge impressions on you -- that is the very time when you are motivated to learn.  There might be a really good source of popular science out there, but I haven't found it yet. (And extra credit to any reader who has any ideas on this.) I am familiar with Wikipedia and "How Things Work". They both help. But the Wikipedia articles on a scientific topic quickly degenerate into the algebraic patois of the specialist, which makes for excruciating reading. What I need to find is popular science, written by an educated layman or generalist, with a minimum of info-mercial intrusions. But let's get back to &qu

Trump, Denali, and Ohio

Donald Trump is following in the recent tradition of GOP presidents and candidates. Indeed, he has already proven that he is the most qualified candidate: he thinks that re-naming a mountain in Alaska with its traditional Indian name is an insult to Ohio, despite the fact that 'Ohio' itself is derived from the Iroquois word for 'great river'.  Perhaps we should rename the state of Ohio after a congressman from Connecticut. The anti-intellectualism -- or rather, non-intellectualism -- of the modern GOP can be a source of merriment, but actually it is a serious issue for a later post.

Benefits of Getting Outside the Comfort Zone

There probably aren't many readers who are interested in bicycling. Nevertheless I will write about a certain kind of bicycling as an example of a principle that applies broadly and beneficially to early retirement and full-time travel.   Lately I have given advertisements for adapting to steep land by pushing the mountain bike up the hills and coasting down. This makes me uncomfortable, more so psychologically than physically. It helped to consider the history of mountain biking: it originated by using cars or ski-lifts to get up the hill, and then they would ride the bike down. But I overlooked the examples of other "one-way" sports, such as river canoeing or kayaking, downhill skiing, hang gliding, and parachuting. None of these practitioners think that their sport is ruined by "one-wayness." They would probably have a hard time imagining it any other way.  The "push up/coast down" style of mountain biking is somewhat similar to a surfe