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In United States
Registered Feb 09, 2008
YesYNot's most recent comments:
- On 31 Oct 2013
Reality check for Dan and other RE bears,
The long term shiller chart from irrational exuberance is inflation adjusted.
Did you assume that the house was $50,000 in 1950's dollars in 1950, or did you already adjust the cost to today's dollars?
A 1200 SF house that sold for $50,000 in 1950's dollars would be worth approximately 1.03^65*50,000 = $220,000 assuming 3% annual inflation. Assuming 4%, it would be worth $525,000.
- On 4 Oct 2013
California farmers warned to adapt to climate change,
Local conditions are likely to change. For example, even within a particular state, precipitation changes are different in different parts. Precipitation changes might be positive in one part of the year or less in other parts. Methods of adaptation are to (1) use different hybrids (2) change crop cycles (3) move crop seasons up or back a little. There are a lot of methods of adaptation with or without GMO. This is the new area of crop science, and it is growing.
- On 2 Oct 2013
Jon Stewart at his best: It's ONLY the Republican's fault,
You know you might be crazy if ...
the president of the US will negotiate with Assad, but he will not negotiate with you.
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