So far this economic crisis has had no direct impact on my own “portfolio”.

The poorest of the poor — Kate and myself — are trying not to gloat.

In one sense, this really is a “correction”. The waste and stupidity of a boom economy is not efficient. I recall when one bachelor friend bought a 10 bedroom, 4 garage house for himself … because that was the highest return for his money on investment.

But is that kind of inefficiency good for the planet?

… When money was relatively cheap, investors grew careless choosing their investments, most dramatically in structured mortgage products, but also in other sectors. Now investors are more likely to careful about where they put their money. …

How the Economic Crisis will help clean Tech – EcoGeek

An optimist, I hope we come out of this with a more efficient use of our planet’s resources.

In the meantime, I’m going to safeguard my life savings in rare paintings. There’s no way those are ever going to be devalued to the price of canvas.