I bring you some levity in this time of alarm bells ringing from the south. Maybe I am just hearing spooky, dis-embodied voices in my head, but I don't think so.
Back to the levity - li'l solipsist has a book for the bath called Bubble Book, and I was inspired to take a little artistic licence with it. I re-wrote parts of it, and of course, had fun with Photoshop. Enjoy.
Young James has noticed that there are several housing bubbles outside. He begins to worry. Young James has bought beyond his means, and is beginning to understand.
Little Lucy snickers as she realizes that Young James has not noticed her Rennie The Raptor poster. Well, duh! she says.
Learnin' Lenny is doing his sums. He differentiates between mortgage payments and rent payments while Young James the Reformed explains the idea of compound interest. "Much better to earn interest than pay it" he admonishes. Learnin' Lennie wonders if Young James the Reformed has heard of market cycles. He also realizes that his $1000 bills stuffed into a soup can up on the shelf are earning no interest.
Young James the Reformed invites Scared Silly Sally out for a walk while he posts his mortgage payments. She is very worried about being priced out. Young James the Reformed begins to hatch a scheme in which he sells his place to Scared Silly Sally for "2008 prices". Scared Silly Sally has never heard of compound interest, but she thinks that maybe she is not priced out forever - what with the new zero-down, 50 year amortized mortgages (I'll be paid off by the time I'm 60, she ponders excitedly).
Stay tuned for the next exciting instalment - It's Just Bubbles Down the Drain.