It's not the view out my window but it could be.
Remember when Megan McArdle went to Florida? I do.
Since Megan McArdle is stuck in Tallahassee wrasslin' gators and listening with rapt attention while Jeb Bush's cronies tell her that there's never been a better time to Buy Florida, let's take a look at Paul Krugman's op-ed in the New York Times.
Her article is now out, and sure enough, it seems that risk is good and Florida might just recover (some day) and make you rich, rich, rich!
McArdle neglects to mention the BP oil spill, but that is understandable because her hosts probably did not tell her about it. Her odd style--which seems more like the musings in a personal memoir--is very much in evidence. I did some reading and it seems that the company McArdle profiles has already sold off most of its beachfront property to cover operating costs, but eh, who cares about the details when investing? Don't you want to be a millionaire? Somehow?
The day is too beautiful to waste on McArdle. We will let her enjoy her restless, twitchy drive to become rich and powerful while we enjoy other, more satisfying riches instead.