All Your Debt Are Belong to Us

Skippy and Doogles kick off the episode by reminding the world that there's debt everywhere — the US is breaking all borrowing records and it's pretty scary. Yet, everything keeps going up and to the right, and Skippy highlights Jason Zweig's recent article "What Happens When Stocks Only Go Up?" that says we should be wary of this phenomenon. Speaking of high prices, Doogles keeps his commodities rant going, which prompts Skippy to (re)rant about value outperforming growth in the future. They wrap by waxing poetic about whether companies can possibly stay out of social/political commentary in the wake of Basecamp's announcement that they're doing just that.