Sunday, March 21, 2021

Unfriendly Architecture

People in Buenos Aires were filling the spaces under the bridges with homes built with waste materials like wooden boxes, carton and so. Later they built permanent  walls and installed shops under the bridge. The  Authorities gave them formal names, like Villa 514. See pic below. 

Architectural creativity solved the problem. See pic above. It also helps to avoid crossing lanes under the bridge. This is the Argentine version of Brutalist Architecture. 


 

Saturday, March 20, 2021

ORFEO - Beautiful Nonsense

 This last wasted Corona epidemic year forced me to spend time on Youtube and so learned to appreciate baroque music and theater. Music was an elite entertainment, elegant and graceful, abstract and unrelated to the daily misery of our lives. Look how the girls dance! I started to love opera, like my father z"l. The small Jewish community of Jaszbereny produced several famous opera singers - baritone and bass - and we had their opera albums and vinyl long plays. As a child, I was amazed at their exaggerated makeup, and their "operetta hero" fantasy dresses.

 In his times good music was a precious resource, they had to travel 60 kilometers to Budapest to go to the opera. Free music like this youtube was a luxury unimaginable. Only in the High Holidays one of the opera singers performed in the synagogue, his powerful bass reciting the sacred texts, and that was memorable event to comment for months ahead. I must be turning senile.

Thursday, March 18, 2021

El Dinero No Vale

Globes says that American investors are buying up Tel Aviv (pic) apartments, driving prices to crazy levels. Biden's trillion something stimulus will create much liquidity in the USA, which will lift the NASDAQ (valuations there are already lunatic) and in Israel (we are at post-corona time). Conclusion: Now is the time to buy real estate here. If governments are able to create money from thin air,  then money is worthless or so. 

No equilibrium anywhere


 George Soros in The Alchemy of Finance says that there is no equilibrium in the markets, and there is no tendency toward a stable state. The market is always flowing. And the market is an imperfect allocative mechanism. (But other systems are even worse). On the same token, I say that there is no equilibrium in evolution, there is always some development and change. The universe itself is not in equilibrium, it is expanding and progressing toward some unimaginable state.  

Sunday, March 14, 2021

The Celebrated Jumping Frog of Raanana County

The Electrocution (sorry, electroconduction) test gave positive, meaning normal. In Argentina this test is well known but it is called "picana electrica" and was the favorite torture method of the military dictatorship of the late seventies. I stood impassible the electric shocks till they tired and not once revealed any secret to the physician. The next world frog jumping and  jockeying championship is in May.

 

Saturday, March 13, 2021

Tomorrow I'll Jump like a Frog

The sciatica pains are almost gone. My legs are weak after two months of disuse. Yet the doctor ordered an electro conduction test for tomorrow. I feel that I am well but there is no escape from the health bureaucracy machine. They may punish me if I do not appear at the Lewinstein Clinic. My wife surely will. Luigi Galvani discovered that even a dead frog will jump when given an electric shock and called the phenomenon "animal electricity". He wrote up the discovery in his "De Viribus Electricitatis in Motu Musculari Commentarius". It used to be a classic school experiment till the league against cruelty on animals delegitimized and forbid it. Yet it is still practiced on unfortunate fat old Jews.  

Thursday, March 11, 2021

I have been thinking

 The stock exchange is at all-time height and many Israelis and foreign Jews are having extra money to invest. Given the political unrest in America, the number of apartments bought in 2020 by American Jews is growing. Many prefer their children to study in Israel, integrated with Jews and it is also cheaper. Given the insoluble scarcity of land in Israel, as well as of good construction workers, prices will keep rising. Rent from second apartments is in practice tax free, as the tax is unenforceable and it is not being collected. I'll proceed with my project of a second property - not for me, but for my poor hardworking daughters.