![\"GreekGDP\"](\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/06\/GreekGDP.jpg\")
<\/a><\/p>\nWhy Puerto Rico went bust.<\/strong><\/span><\/p>\n From Hamlet, Act 1:<\/p>\n Polonius:<\/strong> Old saying (from my father’s knee):<\/strong><\/p>\n If you default on a loan of $100 to the bank, you’re in trouble.<\/p>\n If you default of $100 million to the bank, the bank is in trouble.<\/p>\n \u00a0It was too easy for Puerto Rico to plug its budget holes with borrowing, and more borrowing.<\/p>\n Brokers stuffed P.R. bonds into portfolios (and mutual funds) because they were tax-free, and hence the yield was juiced up. They did it with assessing Puerto Rico’s worsening economy. This chart says it all:<\/p>\n Read the whole sorry story in today’s New York Times. It’s an eye-opener. Click here.<\/strong><\/a><\/p>\n Health tips:\u00a0<\/strong><\/span><\/p>\n + From reader Alle Gee:\u00a0<\/span><\/p>\n Never go to the Doctor on a Monday . I went for my checkup and blood test and days later ended up with a miserable cold from the waiting room which was filled with all the people that waited the weekend to get better and did not!<\/p>\n + New York Times medical writer, Jane Brody:<\/p>\n The best sunscreens have zinc oxide or titanium oxide. You’re wasting your money buying price sunscreens with SPF above 30. Nothing really fully protects. The best screen for the sun? A roof.<\/p>\n Read the piece here.<\/strong><\/a><\/p>\n Shoes as contemporary art. <\/strong>Think sneakers in limited quantities, often tagged with a celebrity’s name. Bingo, rare, valuable “art.”<\/span><\/span><\/p>\n These are called Yeezy Boost 350. My young college friend bought them for $200 on after he won a raffle that entitled him to buy them at a paris store called size?.\u00a0 He’ll sell them on eBay or wherever for $1,000.<\/p>\n These are called “Louis Vuitton Kanye West Jasper”<\/p>\n The “Buy it Now” price on eBay is $12,000. Buy it here<\/strong>.<\/a> They cost the seller around $1,000 at Louis Vuitton’s web site when they were released.<\/p>\n To get these “deals,” you have to be super-lucky. You win a lottery with the right to buy the scarce sneakers. Or you manage to get though to Nike or Adidas’s web site within seconds of the shoes being posted.<\/p>\n These are called “NIKE FLYKNIT RACER 2.0 MULTICOLOR.<\/p>\n What’s special about these sneakers is the color. they’re hot. They’re also no longer available. If your feet are size 12.5 you should buy them. Only $599. The original Nike price was $150. Click here.<\/strong><\/a><\/p>\n My young friend, Hugo Lieber, says the black and white sneakers in the first picture are “insanely comfortable.”<\/p>\n I don’t make this stuff up.<\/p>\n The Internet is now awash with images. <\/strong>God bless Photoshop.<\/span><\/span><\/p>\n
\nNeither a borrower nor a lender be,
\nFor loan oft loses both itself and friend,
\nAnd borrowing dulls the edge of husbandry.<\/p>\n<\/a><\/p>\n<\/a><\/p>\n<\/a><\/p>\n<\/a><\/p>\n<\/a><\/p>\n<\/a><\/p>\n