Daily Archives: 2010/02/02

House Prices

In the summer of 2005, you would have needed 550 ounces of gold to buy an average house. Today, you need more like 150 ounces of gold. That is a 73% decline in the “value” of real estate. Image stolen … Continue reading

Posted in America 2012, Watching the Apocalypse, economy | Leave a comment

Lizards In Your Underpants; The Audacity Of Hopelessness

The world turns. In Indonesia, the principal of a Muslim boarding school in Tangerang who is accused of impregnating a 15-year-old student says the DNA test will prove that a malevolent genie is the real father. In New Zealand, a … Continue reading

Posted in America 2012 | Leave a comment