Paul Wagler grew up in Ohio, graduated from Harvard, then started his career with Chase (now JP Morgan Chase) on Wall Street. After 25 years of banking and 10 years as a corporate CFO and CEO, he now lives on the Sunshine Coast of British Columbia. He writes a blog (http://paulwagler.blogspot.com), manages investments, and is writing a book Recession or depression: managing your money and career in tough times.

Blog Entries by Paul Wagler

Obama's One-Time Opportunity: to Restructure the American Economy

51 Comments | Posted November 20, 2008 | 09:50 AM (EST)


With worldwide equity markets down by 40 - 50%, it seems virtually certain that we are already falling into a depression. Hopefully it will be far smaller than the Great Depression of the 1930's where the economic contraction was 40%. But a 10% or a 20% contraction of GDP is...

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Repairing the Damage -- After the Global Firestorm

4 Comments | Posted October 30, 2008 | 06:04 PM (EST)


My father often told me the story of going into Tessmer's General Store in Hartville, Ohio one day in1929, when he was 23 years old. Old Mr. Tessmer looked up at him from reading the financial pages of the newspaper and said: "Young man, you don't understand yet what this...

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