666 the Mark of the Housing Bubble
January 3rd, 2007Without discernment, being awash in information can be just as confusing as having no information at all. Cryptogon readers want—and sometimes pay me cold, hard cash for—news and analysis they can trust and use. Less is more when it comes to these here internets.
So, while I’m always aware of stories like this and this, I don’t bother you with them.
Most of the time…
I am, however, going to post the one below, because, every once in a while, my dark sense of humor gets the better of me:
Via Daily Reckoning:
Remember that building that sold for $1.8 billion in New York recently? It was the most expensive single building ever sold in the city. Well, we looked it up…
Its number is 666 5th Avenue. Already, we sense there is the Devil’s hand in this thing. ‘666′ is the ‘mark of the beast’ in the Old Testament. It prefigures the coming of the Antichrist, if we remember right. But what it marks in the property market is probably the very peak of the biggest property bubble in American history…and perhaps the peak of the whole worldwide property bubble. Which is to say, it might herald the coming of something big and bad.
Remember that other number, 664, Neighbor of the Beast!
Why do you feel the Wanta scandal is not worthy of reporting?