I know you are but what am I?
Jul. 5th, 2010 04:43 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
pyesetzFred Pohl is ninety years old. When he was half his current age, he wrote:
He also wrote about what it was like to live in 1933 New York City:
The economy in the USA is now heading past the Great Depression (very bad 1929-1937, still bad until 1941) and towards the Long Depression (very bad 1873-79, still bad until 1896).
So why aren't more banks going broke during this depression? Here is a somewhat-amusing Marxist explanation. Don't miss the poop joke at position 5:10!
Like many of my colleagues, I regret to say that as a kid I was always something of an intellectual snob. (I do not wish to discuss what I am now.)
He also wrote about what it was like to live in 1933 New York City:
Men were selling apples in the streets. The unemployed stood in bread lines and prayed for snow — that meant there would be work shoveling it off the sidewalks. Roosevelt had just been elected President but hadn’t yet taken office — Inauguration Day, still geared to the stagecoach schedules of 1789, had not yet been moved up from March 4. Banks were going broke.
The economy in the USA is now heading past the Great Depression (very bad 1929-1937, still bad until 1941) and towards the Long Depression (very bad 1873-79, still bad until 1896).
So why aren't more banks going broke during this depression? Here is a somewhat-amusing Marxist explanation. Don't miss the poop joke at position 5:10!
no subject
Date: 2010-07-06 12:21 am (UTC)Never heard of it. Since Turner is a PC, apparently some people think he's worth listening to. But he's saying "get out of real estate" and you're getting in!
Asset-deflation plus price-inflation means fewer and more discriminating buyers, but prices in my neighbourhood are up 20% since 2007. The local situation in K-W is rather different from the national averages.
What killed American real estate was "liar loans", which I thought were illegal in Canada. What will kill Canadian real estate?
thb;dw ... New acronym?
Seems retro. Everyone's going to broadband these days. Any chance you could get cable or DSL routed to your new clearing-in-the-woods?
no subject
Date: 2010-07-25 03:23 am (UTC)Does this mean that KW has finally transitioned from a manufacturing town to a technology town? I guess so!
Overpriced Vancouver condos? I doubt that "kill" is the right word here; Canada seems to be in a much better economic state than the US.
Both have distance limitations; we'll see if I even have electricity! Besides, satellite is fairly good; it's just cellular that sucks in rural areas.
no subject
Date: 2010-07-25 08:02 pm (UTC)Well, it's incomplete, but the transition is clearly in progress. In Waterloo, you can't swing a dead cat without hitting a RIM office. Elliot Fung is running for mayor in Wilmot—he was born on a farm but now he works at RIM. It seems to be the RIM workers who are driving up real estate prices in Baden. Goodbye, Manulife! Hello, RIM!
we'll see if I even have electricity!
If you run your own generating plant, would this mean more frequent bouts of inability-to-work due to power failures? I'm not clear about the extent to which I'm supposed to have an opinion on your choice of work location.
Besides, satellite is fairly good; it's just cellular that sucks in rural areas.
If your ping times are poor or your cell signal drops out a lot, doesn't that mean that an hour of charged time contains more "waiting" and less "working"?
no subject
Date: 2010-07-25 08:34 pm (UTC)That's factored into the "duty cycle". Besides, other than the occasional Bugzilla headache, everything I do is local these days.