Enter the retouching process, which helps make the haggard look healthier.
I think the practice of extreme retouching has got to reinvent itself. I'm no expert visualist, but whenever I open a magazine I can usually point to exactly where photos have been retouched. Invest in a newer Photoshop, people!!
I don't understand how housing works at all, except to say that it is too damned expensive and I could have told you the market would "slow down" as soon as HGTV started airing
Flip This House.
Any market trend enshrined in a TV show is on the cusp of its own demise, don't you think?
Not even room service?
Most def. A wee child hugging you senseless is concentrated adorable.
I'll take your word for it. More omelets for me!
I wonder when I will finish my Xmas shopping. I'm gonna try to leave early today so I can go to the toy store in search of a catapult. Or a trebuchet. And then maybe World Market for more random co-worker gifts. And I have a coupon for Borders I should use. And then I'll stop by the gun store and shoot myself in the head.
This month needs to have another month in it.
And then I'll stop by the gun store and shoot myself in the head.
You'll probably have to wait seven days for this one.
I want to stay here and watch the boy grow up. I don't think anything has been as awesome as his hugs in the past ten years or so. I mean, there's nothing awesomer than a big, HI AUNTIE! and a hug. Seriously. Who could leave that?
It is amazing. It's certainly what is getting me back down to San Diego in a couple of days. Of course the rest of my family is what sent me back here between visits...
Any market trend enshrined in a TV show is on the cusp of its own demise, don't you think?
Heh. Yep.
Another way that the drop in housing prices is bad for the economy is that a lot of people saw their house values climbing, so they borrowed money against the increased value and spent the money, which is good for the economy. So now we have less consumer spending which might lead to a recession.
Except you could argue that houses had become overvalued, and the drop in housing prices is just forcing people to confront reality. All this wealth was created on paper and people borrowed against it. And now a lot of this wealth is gong away. So there really wasn't as much "real" wealth there in the first place....
At this point, I really want to read some good books on economics, as I don't fully understand all this stuff....
In all honesty I do not believe that professional economists fully understand the economy.
In all honesty I do not believe that professional economists fully understand the economy.
There's a great article in Harper's this month about this same subject. I'm with Galbraith (a pro economist), who thought that economists were collectively out-to-lunch. After expressing this opinion in my first micro-econ class in grad school, the professor (who is one of your colleagues, I think, flea, so I won't mention his name) went out of his way to heap scorn and derision on me.
All the talk of the housing bubble bursting has me kind of terrified, actually, since I'm buying a co-op RIGHT NOW.
I just keep telling myself that we're planning to live there for 7-10 years, and it's in a transitional neighborhood in NYC's hottest borough. Even if the bubble bursts everywhere else, nice apartments in Brooklyn near the park will still be valuable. (Also, interest rates are just ridonkulously low right now, and we have to move in March when our lease is up whether we buy a place or not. So there.)
In all honesty I do not believe that professional economists fully understand the economy.
The old joke is that if you put three economists in a room, you'll get four theories.
