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In America, many (perhaps the majority of) Americans tend to spend their money on “stuff”. This is why the savings rate in America is now negative. 40 years ago it was an average of 11% (think about that – the average American used to put 11% of income in the bank). Today we save nothing, [...]
There’s a part in the movie Big Fish where the protagonist, Edward Bloom, loses his shoes to a girl named Jenny Hill. Jenny doesn’t want Edward to leave the subtly mythical town of Spectre and indoctrinates him as per the town custom: tying the laces of one’s pair of shoes and throwing them over a telephone wire, to dangle out of reach. The logic, ethereal as it is, goes that without one’s shoes, one can no longer travel and might as well settle down.
How to Buy a Piece of the Moon (Some Restrictions Apply)
by Cristen Conger | July 20, 2009
Since planet Earth’s real estate forecast is a little grim these days, why not purchase a 1-acre plot of prime lunar territory? This isn’t some Apollo-11-anniversary offer from NASA. The private Lunar Embassy Corporation, as profiled in National Geographic, has sold off parcels moon turf to around 3.7 million people.
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