Good grief, I'd forgotten how fast children grow up. What happened to your baby? Have the boys started pestering yet? Meanwhile, any day now, another hatchling is due to arrive here. Meanwhile, Jake is up on his hind legs and wondering how to fight a turtle: image.blog.livedoor.jp
I think the turtle would win.
There seems to be a huge baby-boom going on here. Maybe it's the echo of the echo baby-boom. Or maybe it's just being aware of babies, so seeing them everywhere. Also, there seem to be swarms of twins, which might be due to women in their thirties having fertility treatment.
On housing and the guaranteed no-brainer implosion in price, if a house size is say 3 bedrooms, a living room, etc - a common size of say 3,000 cubic dollars being 30 x 20 x 5, and the measuring stick is halved, then the cubic volume of the house would remain constant although it would have an apparent volume of 24,000 cubic dollars, being 60 x 40 x 10.
Normally, in olde-style Newtonian financial theory, that would be inflation and pay rates would change and so would everything else. But in financial relativity theory, due to the money travelling closer to the speed of light and Earth's economic system growing every year forming a critical mass for "black hole" financial physics, based on Chinese maths and Indian outsourcing, the house goes up in dollar volume while pay rates don't, but other costs go down, namely interest rates along with Made in China goods and Made in India software/services.
Meanwhile, China has given up printing money on paper and also pixelates it in cyberspace, along with the USA and Japan and everyone else. Inflation appears to be zero, but weirdly, house prices have zoomed while interest rates remain low.
People still live in the houses and their salaries cover the interest payments and stuff supplied from China and India.
The net effect is that the no-brainer shorts of housing stocks are NOT making the shorters all that happy.
Mqurice |