Caveat: Wealth Evaporation

So, I saw a graph somewhere recently that showed how all the world's stockmarkets have gone down, everywhere.  And I began to ponder how much the cumulative global market capitalization of all companies had gone down.  And after some googling, I found a figure for global "wealth evaporation" that documented $40 trillion and hinted at $70 trillion, in a blog called My Budget 360. 

Gone.  Disappeared.

Interesting.

Caveat: I’d much prefer a long visit with the dentist…

… than work on my taxes.  For that reason, despite anger and disgust with my accountants, I've retained them for another year.  And my taxes remain puzzlingly opaque, despite the fact that I have unclaimed refunds for my last two tax years.  It's just complicated and annoying and somehow… I can't wrap my procrastinating brain around the whole thing.  Why?  What sort of weird psychological avoidance mechanisms are at work?  I do other "paperwork" things in a fairly timely manner:  as one example, my Korean work-visa is always up-to-date, despite seemingly byzantine bureaucratic hoops involved.   What gives?

Back to Top