#237 What can we learn from the difficulties the UK is having in negotiating an exit from the European Union. What happens next? Why there is always a conflict between globalization and national sovereignty.  Thanks to LinkedIn, Blinkist and The Great Courses Plus for sponsoring the episode. For show notes and more information on this episode click here. [0:32] Update on Brexit since the British Parliament Vote.[1:20] Basic Principles of Brexit.[3:58] The problem of the Irish border.[10:35] Debate over the withdrawal agreement leads to the current refusal of the deal.[12:49] Brexit Lesson One: long-held agreements are hard to break.[15:08] Brexit Lesson Two: choosing government sovereignty or globalization[22:08] Economic Unions will always be fraught with conflict. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

#235 How to evaluate the purchase of a depreciating asset, such as buying a house in Japan where prices have declined 23 out of the past 29 years. Thanks to The Great Courses Plus, LinkedIn and Sleep Number for sponsoring the episode. For show notes and more information on this episode click here. [0:20] Unfortunately, there isn’t a magic formula for dealing with a housing bubble.[2:33] Making the decision to purchase a second home.[5:31] Japan’s declining housing market.[13:10] Another quirk of the Japanese house: it’s freezing.[20:28] Should we imitate the Japanese when making decisions regarding the housing market?[24:19] Keeping priorities straight: making a purchasing decision based upon what matters. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.