Posted on 12/12/2010 1:22:17 PM PST by CT
‘Mr Prime Minister. In view of the impending deluge, how much have land prices fallen on Tuvalu?‘ I stammered.
For some reason my question completely silenced the room packed with environmental press. After what I will charitably call an inquisitive stare, the prime minister gave his longwinded answer full of long-term projections of rising ocean levels. To be fair, he concluded with a simple declaration: ‘Land prices have not been affected.’
(Excerpt) Read more at blogs.news.com.au ...
I suppose you could take a Supply and Demand view here. As the land area shrinks (Supply) and the Demand remains constant (number of inhabitants) that prices will rapidly increase. In fact, as Supply shrinks to an infinitesimal amount, Price should soar infinitely high! Presuming, of course, that the inhabitants don’t get while the getting is good. But I predict that they will stick around as long as possible — why leave and abandon all hope of “Sticking it to the West” and collecting your massive Western-Guilt Global Warming Scam windfall?
Gee better ask Al Gore why he recently paid $9 million for a seaside mansion in California when according to his BS it will soon be under water.
The entire government of Tuvalu exists as an extortion racket of larger countries. That’s it.
Perfect for entertaining twenty-something bimbos.
Land prices remain high, because...carpe diem. It’s the last days of Pompeii. Yeah. That’s the ticket. Nobody will ever be able to enjoy a vacation in Tuvalu after it sinks into the ocean, so it’s supply and demand. And on that basis, banks will give you a 30-year mortgage at the appraised carpe diem value, and you’ll supply 10% of the money plus closing costs.
So it’s a “shrinking asset” that isn’t really shrinking...
As I understand it, land prices are falling in Arizona and Nevada. Both states have large deserts. Is it possible that the sand is rising faster than the water?
That is the home of a person with not a greedy bone in his body. /sarc
I believe the following pretty much made mush of that dead horse...
Devastating Rising Sea Level Fraud Rebuttal --- by a real Science Expert
He's right, you know. It's not greed.
It's a perfect storm of a combination of do-goodism, stupidity, and ignorance.
Ever wonder why his high school and college grades have never been revealed?
Bless his li'l ol' heart!
If... Then...
If the first premise is false, then... the second statement can be true.
A C- in intro to econ would mean a person does not understanding how to balance a checkbook, let alone count back.
Bada-bing!
Nuremberg 2.0 will see him strung up with the rest of the scammers (politics, media, finance).
Gormons. LOL!
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