"I think our party has got into a mess on the environment. As a practical matter of politics, nobody knows what (Kyoto) is or what it commits us to."
Michael Ignatieff
Sunday, September 28, 2008
On the bubble
These two videos about the housing/mortgage/credit crisis are over a year old but still very effective: First: US Home prices adjusted for inflation plotted as a roller coaster.
That graph looks a lot like Mann's hockey stick.We need to reduce our supply of money to 80% below 1990 averages or we won't be able to afford houses. ;^)
That graph looks a lot like Mann's hockey stick.We need to reduce our supply of money to 80% below 1990 averages or we won't be able to afford houses. ;^)
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