“The long run is a misleading guide to current affairs. In the long run we are all dead.” John Maynard Keynes
It’s also worth remembering the US housing market collapsed when it took 4.6 times the average income to buy the average home. Today in Canada the number’s 5.1. In Toronto, 5.5. In Vancouver, 9.3.
Had a problem relocating (i.e. pointing to a new URL or Path) a checked-out subversion repository with
svn switch –relocate FROM TO
It kept reporting that my old path (FROM) was ‘not the root of the repository’.
Thanks to Nelson I was reminded to use the svn info command to see exactly where svn believes the repository currently is pointing to and then substituted this path into the FROM argument.
Markets are too dependent on unsustainable government stimulus. Something’s got to give
via Markets: Bubble warning | The Economist.
“THE effect of free money is remarkable. A year ago investors were panicking and there was talk of another Depression. Now the MSCI world index of global share prices is more than 70% higher than its low in March 2009.”
A lot of virtual ink has been spilt over the putative demise of Microsoft, or at least their interminable slide into irrelevancy.
Robin Bloor joins the fray… Google: The Nature of the Other Juggernaut | The Virtual Circle.
Major problems coming in commercial real-estate too.