All the papers are going with "This will be your last White Christmas". Ha! That's the problem with rising charts that have no physics. With property, like Toronto, the basic 'physics' is rent income. When the prices go to 10 times the cost to carry over rent, then you have a problem, and people will say it will go up forever.
With bitcoin, the California guys said it used to cost 10,000 bitcoins for a pizza. There is no physics here at all.
Finally, we have temperatures. We are at the end of a classic decades cycle, caused by the fact that El Nino does not remove all the Pacific heat at the end of a 7 year cycle. However, we have a big 20 or 40 year cycle. And we have 300 year cycles when the ocean currents invert. We also have a 150 million year cycle. And lots of other oceanic cycles.
As well, we have the 10,000 year isostatic movement cycle, when the ice sheets drive down the land.
No comments:
Post a Comment