August 22, 2010
Cartoon Physics for the Win!
My long-term prediction is therefore just about as simplistic as simplistic could be. Hello stagnation. It's just a gut call. I don't have much supporting evidence to back it up. Just add one part deflation to one part stagflation and that's what you get though.
The DJIA closed today at 11,192.58.
This is just not right at all. My earlier cartoon calculations clearly show that the stable stagnationary orbit should have been at the 10,500 level.
In my opinion, we're now at serious risk of re-entering the earth's atmosphere at too high a speed and at the wrong angle of attack.
Atmospheric reentry
Due to the Earth's surface being primarily water, most objects that survive reentry land in one of the world's oceans. The estimated chances that a given person will get hit and injured during his/her lifetime is around 1 in a trillion.
Unfortunately, the odds of a given person not being underwater are about $1 in a trillion dollars .
Real Estate Newsletter Articles this Week: Existing-Home Sales Increased to
4.15 million SAAR in November
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At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Increase...
10 hours ago
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