Tonight, I will sit down on the bus, then laugh and laugh and laugh.
I've come to the conclusion that my ability to act on predicting the future is pretty well useless (not buying gold when it started charging up towards the current US$640/ounce, not buying that extra property when we bought our house, not buying wads of RH stock when it was down around US$1.00, etc etc etc), but I am glad that the one instance where we did buy sensibly (we bought a house ON A BUSLINE into downtown, instead of some horrid suburban plot where it's a two-hour busride to anything. Oh, and we also bought a Prius) means that we're somewhat insulated from the more-ridiculous-by-the-minute price of gasoline.
It's probably time to start buying land in the city, just in case.
(via Atrios)
Comments
Francois Fri Apr 21 17:56:30 2006
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Just a minor nit: it’s $75/barrel. Won’t hit $75/gallon for another three years at least.
I expect $100/barrel by July. If the Idiot Son decides to attack Iran for the October Surprise, try $150/barrel. At that point the wheels come off the economy, China calls in the loans to pay for their oil, and the dollar drops 80%. Merry Christmas!