Is this real? I don't know, I'm not an economist.

“My advice to investment bankers is don’t spend this year’s bonus in the Hamptons just yet.” Wells Fargo banking analyst Mike Mayo

Massive Wall Street layoffs feared as banking profits tank

It’s the NY Post, so …. Still, 2008 was not a good year for Wall Street, and the years subsequent were even worse years for (sellers of) Greenwich real estate. A collapse this year would certainly have the same effect.

My own Eeyore view of the world sees a global collapse coming, and soon, as oil and food and capital disappear, so we’ll just hope that the cheerful economists are right and that I am, as usual, wrong.

But I’d buy a bicycle, just in case, and rent, rather than buy in the Hamptons.