http://bullnotbull.com/archive/dow13k-1.html
My personal prediction is that it's much easier for currency to inflate
than for housing prices to significantly decline.
Looking from the outside, much of the climb in the Dow has been a reaction
to the decline of the dollar -- just for the
Having recently seen a number of Rothko's works up close at personal
at the Tate. I now get him, and have to agree. You cannot (I could
not) appreciate Rothko from reading about him, seeing his work
reproduced in art books, or viewing reproductions of his work. However
once I was actually *there*
On 4/24/07, Lawnun [EMAIL PROTECTED] wrote:
[...]
On a side note, does anyone ever speculate that sometimes the price of these
works of art are high both due to the artistic merit of the piece, and the
status of the prior owner? When I read the economist piece, it struck me
that part of the
On 4/28/07, Venkat Mangudi [EMAIL PROTECTED] wrote:
http://bullnotbull.com/archive/dow13k-1.html
This is a description that would fit the current state of the Indian
economy rather well. In an inflation ridden India of first time
frivolous consumers and debtors, it seems difficult to afford a
On 4/30/07, Srini Ramakrishnan [EMAIL PROTECTED] wrote:
Were I to be rash enough to splurge on a house of my own at the
present moment, it would cost me a rather large fortune, financed no
doubt by usurious debt. Debt which I would possibly find hard to repay
if the Indian economy were to hit
Thaths [30/04/07 13:17 -0700]:
Can someone point me to a couple of examples of instances where the
real estate market went belly up? I am more interested in examples
where investments lost value over a large period of time rather than
short-term losses. I ask because I keep hearing dire warnings
On Tuesday 01 May 2007 12:06 am, Srini Ramakrishnan wrote:
but one statistic I
heard yesterday of 9 out of 10 car buyers taking out a loan to finance
their purchase strikes me as about right.
Loans for cars make eminent sense for many reasons. A whole lot of people who
run businesses (such as
I suspect you credit authorities with more responsibility than they
actually bear. May I recommend Robert Neuwirth's Shadow Cities?
Here's a review:
http://www.worldchanging.com/archives/002029.html
Here's the author's blog:
http://squattercity.blogspot.com/
Here's him giving a talk at TED
On Tuesday 01 May 2007 12:06 am, Srini Ramakrishnan wrote:
The US maybe headed for a fall, but a similar fall in India will have
rather more pronounced and dire consequences.
This may be a simplistic assessment.
If you drive up towards Yelahanka past Mekhri circle you will see, on your
left a