Yep, you heard it here first. The housing market in the Northern Hemisphere is going to collapse. And it is going to make the credit crunch we are in look like small potatoes.
That’s right folks, the next housing market crash will be a frozen market. According to this report the coming ice age will only last about 100,000 years and during this large parts of the Northern Hemisphere will be uninhabitable.
Let’s pray for some more global warming to save us.
The AGW theory is based on data that is drawn from a ridiculously narrow span of time and it demonstrates a wanton disregard for the ‘big picture’ of long-term climate change. The data from paleoclimatology, including ice cores, sea sediments, geology, paleobotany and zoology, indicate that we are on the verge of entering another Ice Age, and the data also shows that severe and lasting climate change can occur within only a few years. While concern over the dubious threat of Anthropogenic Global Warming continues to distract the attention of people throughout the world, the very real threat of the approaching and inevitable Ice Age, which will render large parts of the Northern Hemisphere uninhabitable, is being foolishly ignored. via Pravda.Ru.
But seriously, read the article. One of the keys for me was that we are looking at the whole global warming school of thought through a narrow prism. If we look at it in a larger scope the issues that affect climate change are far beyond what we can control.
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Have you seen this Forbes article about the 25 weakest housing markets? Interesting to see Boise on the list, that is where I live.
http://www.forbes.com/realestate/2009/01/07/housi…
I feel the same way. We also see very little talk about a period of time some scientists call The Little Ice Age, but I suppose that would cause folks to read up on a bit of history!
Love the photo, by the way. Very "cool!"