A friend asked what I thought of the U.S. housing market, whether an end to the crisis was in sight.
Returning from the hunt, the Iranian king runs into a peasant.
‘Where from, peasant?’ the king inquires.
‘From the bazaar, Your Majesty. Had a house, sold it for a goat.’
‘You damn fool,’ the kind explodes. ‘You sold a house for a goat?’
‘I worry not,’ says the peasant. ‘If the reign of His Majesty continues, next year I will buy it back for a chicken.’
